Sailfish Point Foundation Inc

Analysis

Sailfish Point Foundation Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Sailfish Point Foundation Inc reported income of $646k and spending of $517k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $467k to $646k (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sailfish Point Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include College of Labor and Employment Lawyers Inc ($646k), Chelsea Academy Foundation Inc ($646k) and 412 Justice - Formerly Onepa Education Fund ($646k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $1.6m against liabilities of $369k, net assets of $1.3m.