Sail Beyond Cancer USA Inc

Analysis

Sail Beyond Cancer USA Inc is a registered charity in United States, based in S Burlington, VT. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Beyond Cancer USA Inc reported income of $133k and spending of $139k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $133k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 122% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sail Beyond Cancer USA Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 34th percentile within VT. Charities of a similar size with the same main cause include Rob Machado Foundation ($133k), Book Fair ($133k) and Salina Presbyterian Manor Endowment Fund ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.