Friends of Bainbridge Island High School Sailing

Analysis

Friends of Bainbridge Island High School Sailing is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in July 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Friends of Bainbridge Island High School Sailing reported income of $108k and spending of $88k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $93k to $108k (+15%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 15%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Bainbridge Island High School Sailing sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 34th percentile within WA. Charities of a similar size with the same main cause include Ohana Water Polo Academy ($108k), Indian Sports Boosters Inc ($108k) and Bauxite Minor Athletic Foundation ($108k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 24% of the total. At year end it held assets of $202k against liabilities of $0, net assets of $202k.