San Clemente Aquatic Team Corporation

Analysis

San Clemente Aquatic Team Corporation is a registered charity in United States, based in San Clemente, CA. It received its IRS tax-exemption ruling in April 1993, 33 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, San Clemente Aquatic Team Corporation reported income of $642k and spending of $594k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $407k to $642k (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Clemente Aquatic Team Corporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Community Institute for Psychotherapy ($642k), St Susan Center Inc ($642k) and St Marthas Housing II Inc ($642k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $292k. At year end it held assets of $360k against liabilities of $0, net assets of $360k. It reported 8 employees.