Sail Cape Cod Inc

Analysis

Sail Cape Cod Inc is a registered charity in United States, based in Hyannis, MA. It received its IRS tax-exemption ruling in December 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 (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, Sail Cape Cod Inc reported income of $112k and spending of $149k, spending 133% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $114k to $112k (-1.5%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sail Cape Cod Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Mountain View Little League Baseball Inc ($112k), Norfolk Curling Club Inc ($112k) and Sheridan Swim Team Inc ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $49k. At year end it held assets of $109k against liabilities of $0, net assets of $109k. It reported 10 employees.