Sail for Epilepsy Ltd

Analysis

Sail for Epilepsy Ltd is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Sail for Epilepsy Ltd reported income of $101k and spending of $142k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $101k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 142% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sail for Epilepsy Ltd sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include Healing Odyssey Inc ($101k), Superficial Siderosis Research Alliance ($101k) and Travelers Education Group ($101k).

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 $146k against liabilities of $0, net assets of $146k.