Sailfish Sport Project Inc

Analysis

Sailfish Sport Project Inc is a registered charity in United States, based in Sedona, AZ. It received its IRS tax-exemption ruling in September 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 December 2023, Sailfish Sport Project Inc reported income of $63k and spending of $64k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $11k to $63k (+461%), an average of +461% a year. The sharpest change came in the year to December 2023, when income rose by 461%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sailfish Sport Project Inc 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 25th percentile, and in the 22nd percentile within AZ. Charities of a similar size with the same main cause include Little League Baseball Inc ($63k), Spring Grove Soccer Association ($63k) and Coconut Creek Little League Baseball Club Inc ($63k).

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 $13k against liabilities of $0, net assets of $13k.