Duluth Community Sailing Association
Analysis
Duluth Community Sailing Association is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in November 1998, 28 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, Duluth Community Sailing Association reported income of $74k and spending of $80k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $74k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 114% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Duluth Community Sailing Association sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include Sports Arts and Recreation of Chattanooga ($74k), Greensburg Salem Hockey Club Inc ($74k) and Boys of Summer Select Baseball Academy Boss Inc ($74k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 56% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.
Income and spending
Where the income comes from
- Contributions & grants 19%
- Program services 56%
- Other 25%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sports Arts and Recreation of Chattanooga | Hixson | $74k |
| Greensburg Salem Hockey Club Inc | Greensburg | $74k |
| Boys of Summer Select Baseball Academy Boss Inc | Thiensville | $74k |
| Conifer Lobos Unified Boosters | Conifer | $74k |