Lompoc Tsunami Aquatics

Analysis

Lompoc Tsunami Aquatics is a registered charity in United States, based in Lompoc, CA. It received its IRS tax-exemption ruling in March 2009, 17 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, Lompoc Tsunami Aquatics reported income of $61k and spending of $59k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $61k (-11%), an average of -11% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lompoc Tsunami Aquatics sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Tyler Skaggs Baseball Foundation ($61k), Fairfield Girls Softball Inc ($61k) and Scott Athletic Association Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 20% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.