Little Washington Sailing School Inc

Analysis

Little Washington Sailing School Inc is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in April 2013, 13 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 December 2023, Little Washington Sailing School Inc reported income of $81k and spending of $74k, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $74k to $81k (+11%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Washington Sailing School Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Warrensburg PTO ($81k), Marvin Ridge High School Parentteacher Student Organization Inc ($81k) and MVCS Foundation Inc ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $29k. At year end it held assets of $54k against liabilities of $279, net assets of $54k. It reported 6 employees.