Sail Orcas-A Sailing Education Foundation

Analysis

Sail Orcas-A Sailing Education Foundation is a registered charity in United States, based in Eastsound, WA. It received its IRS tax-exemption ruling in October 2002, 24 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, Sail Orcas-A Sailing Education Foundation reported income of $130k and spending of $141k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $130k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sail Orcas-A Sailing Education Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within WA. Charities of a similar size with the same main cause include Minisink Valley Youth Football League Inc ($130k), Greater Miami Conference ($130k) and Niagara Frontier Gymnastics Association Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $45k against liabilities of $1,891, net assets of $43k.