Temecula Triton Swim Club

Analysis

Temecula Triton Swim Club is a registered charity in United States, based in Hemet, CA. It received its IRS tax-exemption ruling in April 2001, 25 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, Temecula Triton Swim Club reported income of $768k and spending of $808k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $471k to $768k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Temecula Triton Swim Club sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Cardinal Greenway Inc ($767k), San Mateo County Parks and Recreation Foundation ($768k) and True Friends Foundation ($767k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Other salaries and wages came to $378k. At year end it held assets of $313k against liabilities of $6,052, net assets of $307k. It reported 31 employees.