Shoreline Sports Club

Analysis

Shoreline Sports Club is a registered charity in United States, based in Edmonds, WA. It received its IRS tax-exemption ruling in March 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2022, Shoreline Sports Club reported income of $306k and spending of $260k, spending 85% of its income. Across the 3 years on record, from May 2020 to May 2022, income grew from $209k to $306k (+46%), an average of +21% a year. The sharpest change came in the year to May 2021, when income rose by 47%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shoreline Sports Club sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within WA. Charities of a similar size with the same main cause include Glenbrook North Hockey Club ($306k), LCB Inc ($306k) and Whatcom County Amateur Hockey Association ($306k).

On its Form 990 for the period ending May 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.