Community Sailing School at Pistakee

Analysis

Community Sailing School at Pistakee is a registered charity in United States, based in Ingleside, IL. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Community Sailing School at Pistakee reported income of $117k and spending of $98k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $117k (+134%), an average of +134% a year. The sharpest change came in the year to December 2023, when income rose by 134%. Over the whole period it spent 132% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Sailing School at Pistakee sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Mt Pleasant Isd School Foundation ($117k), Verna K Townsend Trust ($117k) and Somerville Home & School Association a NJ Non-Profit ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.