Surf and Turf Therapy

Analysis

Surf and Turf Therapy is a registered charity in United States, based in San Juan Capo, CA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. 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, Surf and Turf Therapy reported income of $586k and spending of $487k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $408k to $586k (+44%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Surf and Turf Therapy sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Tunkhannock Community Ambulance Inc ($586k), Casa Roble High School Ramsmen Inc ($586k) and Colorado Christian Service Camp Inc ($586k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $73k (15% of expenses). Other salaries and wages came to $164k. At year end it held assets of $454k against liabilities of $8,552, net assets of $445k. It reported 15 employees.