Warm Springs Aquatics Inc

Analysis

Warm Springs Aquatics Inc is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in December 2021, 5 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, Warm Springs Aquatics Inc reported income of $57k and spending of $60k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $57k (+3.7%), an average of +3.7% a year. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Warm Springs Aquatics Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include CVSD Buccaneers Youth Football Inc ($57k), Sunman Area Soccer Association ($57k) and Hinsdale Central High School Boys Lacrosse Booster Club Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.