Eastern Washington Surf SC

Analysis

Eastern Washington Surf SC is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in July 2019, 7 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 May 2023, Eastern Washington Surf SC reported income of $1.6m and spending of $1.4m, spending 87% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $714k to $1.6m (+121%), an average of +30% a year. The sharpest change came in the year to May 2022, when income rose by 51%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Eastern Washington Surf SC sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include Kentucky Bourbon Festival Inc ($1.6m), Rising Leaders of North Florida Inc ($1.6m) and Duluth Heritage Sports Center ($1.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $298k. At year end it held assets of $410k against liabilities of $0, net assets of $410k.