Lake Beulah Sailing School Inc

Analysis

Lake Beulah Sailing School Inc is a registered charity in United States, based in East Troy, WI. It received its IRS tax-exemption ruling in April 1973, 53 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, Lake Beulah Sailing School Inc reported income of $106k and spending of $74k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $106k (+9.6%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 228%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Beulah Sailing School Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within WI. Charities of a similar size with the same main cause include American Inns of Court Foundation ($106k), Gymnastics Support Organization Inc ($106k) and Faith Baptist Mission ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 32% of the total. Other salaries and wages came to $35k. At year end it held assets of $384k against liabilities of $0, net assets of $384k. It reported 8 employees.