Renton Sailing Club Incorporated

Analysis

Renton Sailing Club Incorporated is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in August 1965, 61 years ago. 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 March 2024, Renton Sailing Club Incorporated reported income of $66k and spending of $66k, spending 100% of its income. Across the 2 years on record, from March 2023 to March 2024, income fell from $77k to $66k (-15%), an average of -14% a year. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Renton Sailing Club Incorporated sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 20th percentile within WA. Charities of a similar size with the same main cause include The Halfway Houses of Westchester Foundation Inc ($66k), East-West Cultural Center ($66k) and Friends of the FRG ($66k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 15% and program service revenue 41% of the total. At year end it held assets of $159k against liabilities of $206, net assets of $159k.