Antique & Classic Boat Society No Cal-Lake Tahoe Chapter

Analysis

Antique & Classic Boat Society No Cal-Lake Tahoe Chapter is a registered charity in United States, based in Sonoma, CA. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Antique & Classic Boat Society No Cal-Lake Tahoe Chapter reported income of $63k and spending of $55k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $47k to $63k (+33%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Antique & Classic Boat Society No Cal-Lake Tahoe Chapter sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include LA Paz Music Boosters ($63k), Seattle Chamber Orchestra ($63k) and Dover Band Boosters ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 75% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.