Walnut Creek Aquanuts Synchronized Swimming Booster Club

Analysis

Walnut Creek Aquanuts Synchronized Swimming Booster Club is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in July 1971, 55 years ago. 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 September 2023, Walnut Creek Aquanuts Synchronized Swimming Booster Club reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.3m (+25%), an average of +5.7% a year. The sharpest change came in the year to September 2022, when income rose by 71%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Walnut Creek Aquanuts Synchronized Swimming Booster Club sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include St Georges Court Inc ($1.3m), Habitat for Humanity International Inc ($1.3m) and Colorado Grand Inc 3998 S Mariposa ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.7% and program service revenue 34% of the total. Other salaries and wages came to $544k. At year end it held assets of $1.4m against liabilities of $9,779, net assets of $1.4m. It reported 26 employees.