Crescent Sailing Association Inc

Analysis

Crescent Sailing Association Inc is a registered charity in United States, based in Grosse Pt FRM, MI. It received its IRS tax-exemption ruling in September 2002, 24 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 October 2023, Crescent Sailing Association Inc reported income of $136k and spending of $111k, spending 82% of its income. Across the 2 years on record, from October 2022 to October 2023, income fell from $150k to $136k (-9.5%), an average of -9.5% a year. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crescent Sailing Association Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Triangle Lightning ($136k), Onyx Skating Academy ($136k) and West Milford Baseball LL Inc ($136k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $344k against liabilities of $15k, net assets of $329k.