California Dolphins Swim Team Inc

Analysis

California Dolphins Swim Team Inc is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in March 2007, 19 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 2023, California Dolphins Swim Team Inc reported income of $458k and spending of $447k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $222k to $458k (+107%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 61%. 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, California Dolphins Swim Team Inc sits at the 84th percentile: it is larger than about 84% 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 Camp Kita Inc ($458k), Charlottesville Alliance Sports Club Inc ($459k) and Gainesville District Basketball Associates ($458k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $194k (43% of expenses). It paid $2,659 in professional fundraising fees. At year end it held assets of $157k against liabilities of $40k, net assets of $117k. It reported 14 employees.