Pine Lake Sailing School Inc

Analysis

Pine Lake Sailing School Inc is a registered charity in United States, based in Hartland, WI. It received its IRS tax-exemption ruling in November 2016, 10 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, Pine Lake Sailing School Inc reported income of $64k and spending of $53k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $64k to $64k (-0.3%), an average of -0.3% a year. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pine Lake Sailing School Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within WI. Charities of a similar size with the same main cause include Burns Park Athletic Association Inc ($64k), Greater Glens Falls Amateur Athletic Championships Association ($64k) and Lafayette Amateur Hockey Association ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.