Anacortes Small Boat Center

Analysis

Anacortes Small Boat Center is a registered charity in United States, based in Anacortes, WA. It received its IRS tax-exemption ruling in January 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Anacortes Small Boat Center reported income of $289k and spending of $317k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $206k to $289k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Anacortes Small Boat Center sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within WA. Charities of a similar size with the same main cause include Mars Baseball Association ($289k), Fire in the Ring Boxing Inc ($290k) and Diamond Bar-Walnut Valley Soccer League Inc ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 35% of the total. Other salaries and wages came to $113k. At year end it held assets of $122k against liabilities of $6,505, net assets of $115k. It reported 9 employees.