Grand Rapids Junior Sailing Association

Analysis

Grand Rapids Junior Sailing Association is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in April 1992, 34 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 September 2023, Grand Rapids Junior Sailing Association reported income of $88k and spending of $95k, spending 108% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $102k to $88k (-14%), an average of -14% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grand Rapids Junior Sailing Association sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Woodstown Pirates ($88k), Boulder County Soccer Club ($88k) and Cascade Crest 100 Mile Endurance Run ($88k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $141k against liabilities of $107, net assets of $141k.