Put-In-Bay Community Swim & Sail Program

Analysis

Put-In-Bay Community Swim & Sail Program is a registered charity in United States, based in Put in Bay, OH. It received its IRS tax-exemption ruling in March 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 December 2023, Put-In-Bay Community Swim & Sail Program reported income of $59k and spending of $61k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $59k (+8.2%), an average of +8.2% a year. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Put-In-Bay Community Swim & Sail Program sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within OH. Charities of a similar size with the same main cause include North Montana Wrestling Club Inc ($59k), Lewis Sports Booster Club ($59k) and Harc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 61% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.