Irvine Swim League Inc a California Non Profit Mutual Benefit Corp

Analysis

Irvine Swim League Inc a California Non Profit Mutual Benefit Corp is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in August 2002, 24 years ago. 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, Irvine Swim League Inc a California Non Profit Mutual Benefit Corp reported income of $1.3m and spending of $1.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 731%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Irvine Swim League Inc a California Non Profit Mutual Benefit Corp sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Central Baptist Theological Seminary ($1.3m), Algona Family Young Mens Christian Association ($1.3m) and DC Center for Independent Living Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 83% of the total. Other salaries and wages came to $477k. At year end it held assets of $356k against liabilities of $0, net assets of $356k. It reported 139 employees.