Half Moon Bay Pirates

Analysis

Half Moon Bay Pirates is a registered charity in United States, based in Half Moon Bay, CA. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Half Moon Bay Pirates reported income of $92k and spending of $78k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $92k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 79% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Half Moon Bay Pirates sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Flint Area Young Life Foundatiom ($91k), Wichita Falls Elite Swim Team ($92k) and Cheney Blackhawk Booster Club ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 75% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.