Truckee - Tahoe Soaring Association

Analysis

Truckee - Tahoe Soaring Association is a registered charity in United States, based in Truckee, CA. It received its IRS tax-exemption ruling in April 2015, 11 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, Truckee - Tahoe Soaring Association reported income of $99k and spending of $184k, spending 186% of what it took in. Across the 5 years on record, from December 2015 to December 2023, income fell from $219k to $99k (-55%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Truckee - Tahoe Soaring Association sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Kidron Community Park Inc ($99k), Wsa-Womens Soccer Association of San Antonio Inc ($99k) and West Surburban Water Polo Club ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $144k against liabilities of $232k, net assets of -$88k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.