Cal Sailing Club

Analysis

Cal Sailing Club is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in May 1982, 44 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 April 2024, Cal Sailing Club reported income of $301k and spending of $359k, spending 119% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $273k to $301k (+10%), an average of +2.5% a year. The sharpest change came in the year to April 2022, when income rose by 67%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cal Sailing Club sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include PCL Foundation ($301k), The New Friends of the Beaverton City Library ($301k) and Boca Raton Aquatics Inc ($301k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 20% and program service revenue 79% of the total. Other salaries and wages came to $102k. At year end it held assets of $436k against liabilities of -$1,052, net assets of $437k. It reported 18 employees.