Crestline Soaring Society

Analysis

Crestline Soaring Society is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in March 2006, 20 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 October 2023, Crestline Soaring Society reported income of $55k and spending of $62k, spending 113% of what it took in. Across the 2 years on record, from October 2022 to October 2023, income fell from $69k to $55k (-21%), an average of -21% a year. The sharpest change came in the year to October 2023, when income dropped by 21%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crestline Soaring Society sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Rebels Lacrosse Club Inc ($55k), Maine Roller Derby ($55k) and Boonsboro Athletic Boosters Inc ($55k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.