Shoreline Breakers

Analysis

Shoreline Breakers is a registered charity in United States, based in Killingworth, CT. It received its IRS tax-exemption ruling in December 2017, 9 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, Shoreline Breakers reported income of $342k and spending of $330k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $263k to $342k (+30%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shoreline Breakers sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CT. Charities of a similar size with the same main cause include Dallas Classic Baseball Inc ($342k), Durango Winter Sports Club ($342k) and Tohkon Judo Academy Inc ($342k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $109k against liabilities of $1,252, net assets of $108k.