Project Surf Camp

Analysis

Project Surf Camp is a registered charity in United States, based in Morro Bay, CA. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Project Surf Camp reported income of $120k and spending of $104k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $120k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Project Surf Camp sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Adel-Desoto Soccer Club ($120k), Palm Beach County Youth Football League Inc ($120k) and Millbrook Youth Hockey Association Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 82% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.