St Francis Sailing Foundation

Analysis

St Francis Sailing Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Francis Sailing Foundation reported income of $461k and spending of $560k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $626k to $461k (-26%), an average of -7.4% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Francis Sailing Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($461k), Rotary Club of Ojai Educational Foundation Inc ($461k) and Slingerland Institute for Literacy ($461k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $7.7m against liabilities of $18k, net assets of $7.7m.