Sail Central America Inc

Analysis

Sail Central America Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Sail Central America Inc reported income of $154k and spending of $51k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $154k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 19% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sail Central America Inc 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 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Trampled Rose Inc ($154k), Burning Bush International ($154k) and Afghanistan American Friendship Foundation ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $528k against liabilities of $1,074, net assets of $527k.