Saginaw Bay Community Sailing Association

Analysis

Saginaw Bay Community Sailing Association is a registered charity in United States, based in Bay City, MI. It received its IRS tax-exemption ruling in February 1996, 30 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Saginaw Bay Community Sailing Association reported income of $69k and spending of $75k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $69k (-12%), an average of -12% a year. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Saginaw Bay Community Sailing Association sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within MI. Charities of a similar size with the same main cause include Friendswood Youth Lacrosse ($69k), Five Star Heart Project Corporation ($69k) and Ashland Soccer Club Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 13% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.