Inkboat Inc

Analysis

Inkboat Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Inkboat Inc reported income of $84k and spending of $60k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $84k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Inkboat Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Anacrusis Productions Ltd ($84k), Theatre Gigante Inc ($84k) and Redlands East Valley High School Wildcat Band Boosters ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.5% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.