Brea Olinda Aquatics Inc

Analysis

Brea Olinda Aquatics Inc is a registered charity in United States, based in Brea, CA. It received its IRS tax-exemption ruling in January 2011, 15 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 August 2023, Brea Olinda Aquatics Inc reported income of $144k and spending of $131k, spending 91% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $104k to $144k (+38%), an average of +38% a year. The sharpest change came in the year to August 2023, when income rose by 38%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Brea Olinda Aquatics Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Mallakhamb Federation USA Inc ($144k), Central Ohio Rowing ($144k) and Clackamas Junior Baseball Association ($144k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 8.9% and program service revenue 15% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.