Santa Cruz Swimming

Analysis

Santa Cruz Swimming is a registered charity in United States, based in Soquel, CA. It received its IRS tax-exemption ruling in September 1978, 48 years ago. 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, Santa Cruz Swimming reported income of $101k and spending of $111k, spending 110% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $149k to $101k (-32%), an average of -32% a year. The sharpest change came in the year to August 2023, when income dropped by 32%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santa Cruz Swimming sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Lebanon Community Theatre Inc ($101k), East Burke Volunteer Fire Brigade ($101k) and Strawdog Theatre Company ($101k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $21k against liabilities of $22k, net assets of -$1,136.