Southern California Outrigger Racing Association

Analysis

Southern California Outrigger Racing Association is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 2005, 21 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 (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 2022, Southern California Outrigger Racing Association reported income of $215k and spending of $174k, spending 81% of its income. Across the 4 years on record, from December 2018 to December 2022, income fell from $311k to $215k (-31%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southern California Outrigger Racing Association sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Midland Trail Community Center Inc ($215k), Junior Black Knights Travel Hockey Association Inc ($215k) and Fiddlers Grove Foundation ($214k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 5.2% and program service revenue 89% of the total. At year end it held assets of $282k against liabilities of $34k, net assets of $248k.