Delavan Lake Sailing School

Analysis

Delavan Lake Sailing School is a registered charity in United States, based in Delavan, WI. It received its IRS tax-exemption ruling in December 1964, 62 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Delavan Lake Sailing School reported income of $86k and spending of $102k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $86k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delavan Lake Sailing School sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within WI. Charities of a similar size with the same main cause include Lincoln Charter School East Parent- Teacher Organization ($86k), Pastors for NC Children ($86k) and Monrovia Organized Baseball Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 52% of the total. At year end it held assets of $86k against liabilities of $852, net assets of $85k.