Catalina Channel Swimmingfederation

Analysis

Catalina Channel Swimmingfederation is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in August 2008, 18 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Catalina Channel Swimmingfederation reported income of $82k and spending of $78k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $82k (+2.7%), an average of +2.7% a year. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Catalina Channel Swimmingfederation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Hillgrove High School Soccer ($82k), Texas Regulators Volleyball Club ($82k) and Cannon Falls Youth Athletics ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 96% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.