Flying Scot Sailing Association International Inc

Analysis

Flying Scot Sailing Association International Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in March 1982, 44 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 December 2023, Flying Scot Sailing Association International Inc reported income of $81k and spending of $80k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $81k (+12%), an average of +12% a year. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Flying Scot Sailing Association International Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 37th percentile within SC. Charities of a similar size with the same main cause include Youth Equestrian Development Association Inc ($81k), Celebrate Perth Amboy Inc ($81k) and Hilhi Youth Football ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.2% of the total. At year end it held assets of $136k against liabilities of $15k, net assets of $121k.