Black Surf Santa Cruz Inc

Analysis

Black Surf Santa Cruz Inc is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Black Surf Santa Cruz Inc reported income of $203k and spending of $150k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $170k to $203k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 67% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Black Surf Santa Cruz Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Boys & Girls Clubs of the Albemarle Foundation ($203k), Lovelife Foundation ($203k) and New Jersey Camp for Blind Children Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $85k (57% of expenses). Other salaries and wages came to $3,760. At year end it held assets of $127k against liabilities of $3,300, net assets of $124k. It reported 2 employees.