Emerald Coast Sailing Association Inc

Analysis

Emerald Coast Sailing Association Inc is a registered charity in United States, based in Shalimar, FL. It received its IRS tax-exemption ruling in November 1993, 33 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 2023, Emerald Coast Sailing Association Inc reported income of $214k and spending of $227k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $159k to $214k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Emerald Coast Sailing Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Byram Hills Youth Lacrosse Inc ($214k), Puyallup Babe Ruth & Cal Ripken Baseball League ($214k) and Hesperia Leisure League ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 55% of the total. Other salaries and wages came to $87k. At year end it held assets of $135k against liabilities of $1,620, net assets of $133k. It reported 8 employees.