Saint Croix Sailing School Inc

Analysis

Saint Croix Sailing School Inc is a registered charity in United States, based in Hudson, WI. It received its IRS tax-exemption ruling in April 2009, 17 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, Saint Croix Sailing School Inc reported income of $76k and spending of $100k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $96k to $76k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 123% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Saint Croix Sailing School 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 30th percentile, and in the 27th percentile within WI. Charities of a similar size with the same main cause include Little League Baseball Inc ($76k), Harrisonburg Little League Association Inc ($76k) and Delmont Apple N Arts Festival Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 90% of the total. At year end it held assets of $106k against liabilities of $840, net assets of $105k.