Sailing Angels Foundation

Analysis

Sailing Angels Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sailing Angels Foundation reported income of $185k and spending of $71k, leaving 62% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $78k to $185k (+139%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 1359%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sailing Angels Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Horns 4 Hope ($185k), Bridges Across Texas Inc ($185k) and Rehabilitation Enterprises of the Mountain States ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $365k against liabilities of $0, net assets of $365k.