International Surf Therapy Organization Inc

Analysis

International Surf Therapy Organization Inc is a registered charity in United States, based in Manhattan Beach, CA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, International Surf Therapy Organization Inc reported income of $106k and spending of $120k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $106k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, International Surf Therapy Organization Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Gallatin Valley Christian Home School Sports Association ($106k), Plymouth High School Hockey Booster Club ($106k) and Orono Softball Association ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $10k, net assets of $19k.