Crooked Lake Sailors Inc

Analysis

Crooked Lake Sailors Inc is a registered charity in United States, based in Conway, MI. It received its IRS tax-exemption ruling in September 2011, 15 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, Crooked Lake Sailors Inc reported income of $62k and spending of $59k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $62k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 132% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crooked Lake Sailors Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within MI. Charities of a similar size with the same main cause include American Youth Football Inc ($62k), High Bridge Athletic Association ($62k) and Archers USA Foundation ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 34% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.