South Coast Sailing Team

Analysis

South Coast Sailing Team is a registered charity in United States, based in Dana Point, CA. It received its IRS tax-exemption ruling in December 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, South Coast Sailing Team reported income of $67k and spending of $19k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $67k (-9.0%), an average of -9.0% a year. Over the whole period it spent 71% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, South Coast Sailing Team sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Wildcat Boosters Club ($67k), Berisso Kids Inc ($67k) and Lydia8 ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 31% of the total. At year end it held assets of $365k against liabilities of $0, net assets of $365k.