Vallarta Sailing Foundation

Analysis

Vallarta Sailing Foundation is a registered charity in United States, based in Danville, CA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vallarta Sailing Foundation reported income of $135k and spending of $89k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $135k (+85%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 66% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Vallarta Sailing Foundation 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 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Magnolia Lacrosse Association ($135k), Golden Eagle Athletic Booster Club ($135k) and Little League Baseball Inc ($135k).

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 $114k against liabilities of $0, net assets of $114k.