Davis Aquadarts Inc

Analysis

Davis Aquadarts Inc is a registered charity in United States, based in Davis, CA. It received its IRS tax-exemption ruling in May 1975, 51 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 August 2023, Davis Aquadarts Inc reported income of $2.0m and spending of $2.0m, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.1m to $2.0m (+90%), an average of +17% a year. The sharpest change came in the year to August 2023, when income rose by 36%. 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, Davis Aquadarts Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Sunnyvale Alliance Soccer Club ($2.0m), Hampshire Franklin and Hampden Agricultural Soc ($2.0m) and Agawam Council ($2.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $275k (14% of expenses). Other salaries and wages came to $662k. At year end it held assets of $686k against liabilities of $0, net assets of $686k. It reported 119 employees.