Surf Cottages Homeowners Association II

Analysis

Surf Cottages Homeowners Association II is a registered charity in United States, based in Seaside Park, NJ. It received its IRS tax-exemption ruling in July 2012, 14 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, Surf Cottages Homeowners Association II reported income of $157k and spending of $112k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $157k to $157k (-0.3%), an average of -0.3% a year. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Surf Cottages Homeowners Association II sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Livb Inc ($157k), Woodland Tigers Youth Sports and Educational Program ($157k) and Clay-Chalkville Athletic Booster Club Inc ($157k).

At year end it held assets of $254k against liabilities of $0, net assets of $254k.