Friends of Aquabelles Synchro

Analysis

Friends of Aquabelles Synchro is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Aquabelles Synchro reported income of $140k and spending of $121k, spending 87% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $79k to $140k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Aquabelles Synchro sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Miles City Youth Hockey Association Inc ($140k), Surfers for Autism II ($140k) and Oceansides Finest Basketball Club ($140k).

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 $38k against liabilities of $0, net assets of $38k.