Encyclopedia of Surfing Inc

Analysis

Encyclopedia of Surfing Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 2013, 13 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, Encyclopedia of Surfing Inc reported income of $134k and spending of $172k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $133k to $134k (+0.8%), an average of +0.8% a year. Over the whole period it spent 113% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Encyclopedia of Surfing Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within WA. Charities of a similar size with the same main cause include Orange County Youth Sports Foundation ($134k), Michigan Justin Morgan Horse Association ($134k) and Hidden Valley Ski Team ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $59k against liabilities of $1,358, net assets of $58k.