Deep Creek Sailing School Inc

Analysis

Deep Creek Sailing School Inc is a registered charity in United States, based in Oakland, MD. It received its IRS tax-exemption ruling in September 1993, 33 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Deep Creek Sailing School Inc reported income of $96k and spending of $83k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $96k (-13%), an average of -13% a year. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Deep Creek Sailing School Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include Association of Securities and Exchange Commission Alumni Inc ($96k), The North Carolina Pharmaceutical Association Endowment Fund Inc ($96k) and Shepherds Staff Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $188k against liabilities of $1,969, net assets of $186k.