Mission Viejo Nadadores Foundation

Analysis

Mission Viejo Nadadores Foundation is a registered charity in United States, based in Mission Viejo, CA. It received its IRS tax-exemption ruling in June 1985, 41 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 September 2023, Mission Viejo Nadadores Foundation reported income of $4.7m and spending of $4.2m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.3m to $4.7m (+41%), an average of +8.9% a year. The sharpest change came in the year to September 2021, when income rose by 49%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mission Viejo Nadadores Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include U S Speedskating ($4.7m), Carlsbad United FC ($4.7m) and Incarnation Center Incorporated ($4.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.7% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $216k (5.1% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $4.5m against liabilities of $1.4m, net assets of $3.1m.