Riverside Aquettes Swim Club

Analysis

Riverside Aquettes Swim Club is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in October 1985, 41 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 December 2023, Riverside Aquettes Swim Club reported income of $73k and spending of $65k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $73k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Riverside Aquettes Swim Club sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Verona Eagles Football Program Inc ($73k), Southern Maryland BMX ($73k) and Grissom Soccer Club Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.