North Carolina Community Sailing

Analysis

North Carolina Community Sailing is a registered charity in United States, based in Huntersville, NC. It received its IRS tax-exemption ruling in November 2007, 19 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 2022, North Carolina Community Sailing reported income of $240k and spending of $240k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $298k to $240k (-19%), an average of -6.9% a year. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Carolina Community Sailing sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Little League Baseball Inc ($240k), Ardsley Little Athletic Association Inc ($240k) and Rancho Trabuco Girls Softball Association ($240k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 8.3% and program service revenue 87% of the total. Other salaries and wages came to $153k. At year end it held assets of $292k against liabilities of $0, net assets of $292k. It reported 3 employees.