Sail Beyond Cancer VT Inc

Analysis

Sail Beyond Cancer VT Inc is a registered charity in United States, based in South Burlington, VT. It received its IRS tax-exemption ruling in May 2020, 6 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 VT Inc reported income of $123k and spending of $136k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $123k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 92% 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 VT Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 32nd percentile within VT. Charities of a similar size with the same main cause include Salinas Rotary Club Charitable Fund ($123k), Lionheart Charities Inc ($123k) and Cedar Creek Lake Parrothead Club ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $122k against liabilities of $64k, net assets of $58k.