Newport-Mesa High School Sailing Foundation

Analysis

Newport-Mesa High School Sailing Foundation is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Newport-Mesa High School Sailing Foundation reported income of $196k and spending of $153k, leaving 22% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $180k to $196k (+9.3%), an average of +2.3% a year. The sharpest change came in the year to August 2022, when income rose by 596%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Newport-Mesa High School Sailing Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Central Florida Women League Foundation Inc ($196k), Milford Cooperative Nursery School ($196k) and Adopt a Class Endowment Fund ($196k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 66% and program service revenue 31% of the total. At year end it held assets of $171k against liabilities of $104, net assets of $171k.