International Surfing Association Inc

Analysis

International Surfing Association Inc is a registered charity in United States, based in Cardiff, CA. It received its IRS tax-exemption ruling in July 2010, 16 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, International Surfing Association Inc reported income of $4.7m and spending of $4.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $4.7m (+74%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, International Surfing Association Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Kids Inc of Amarillo Texas ($4.7m), Philadelphia Youth Basketball Inc ($4.7m) and Nathan Benderson Park Conservancy Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $397k (8.4% of expenses). Other salaries and wages came to $570k. At year end it held assets of $4.1m against liabilities of $2.1m, net assets of $2.0m. It reported 7 employees.