Southern Idaho Sailing Outreach Corporation

Analysis

Southern Idaho Sailing Outreach Corporation is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in December 2018, 8 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, Southern Idaho Sailing Outreach Corporation reported income of $104k and spending of $31k, leaving 70% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $104k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 29% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southern Idaho Sailing Outreach Corporation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within ID. Charities of a similar size with the same main cause include Sierra Kids Foundation Inc ($104k), South Jersey Field of Dreams ($104k) and Crosby Sports Association ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $226k against liabilities of $0, net assets of $226k.