All Hands Boatworks Inc

Analysis

All Hands Boatworks Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 2014, 12 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, All Hands Boatworks Inc reported income of $434k and spending of $415k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $434k (+56%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, All Hands Boatworks Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include East Springfield Community Center Commission Inc ($434k), Ahahui Koa Anuenue ($434k) and F C Blades ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $57k (14% of expenses). Other salaries and wages came to $172k. At year end it held assets of $825k against liabilities of $150k, net assets of $675k. It reported 12 employees.