Challenge the Wind Youth Sailing Program

Analysis

Challenge the Wind Youth Sailing Program is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 2004, 22 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Challenge the Wind Youth Sailing Program reported income of $62k and spending of $69k, spending 111% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $78k to $62k (-20%), an average of -20% a year. The sharpest change came in the year to September 2023, when income dropped by 20%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Challenge the Wind Youth Sailing Program sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include Jewish Coaltion for Youth Education & Support JC Yes Inc ($62k), Yellow Jacket Band Association Inc ($62k) and Baker Wrestling Club ($62k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $56k against liabilities of $7,748, net assets of $48k.