Circle City Aquatics

Analysis

Circle City Aquatics is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in July 2015, 11 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 March 2024, Circle City Aquatics reported income of $765k and spending of $841k, spending 110% of what it took in. Across the 4 years on record, from March 2020 to March 2024, income grew from $638k to $765k (+20%), an average of +6.2% a year. The sharpest change came in the year to March 2023, when income rose by 36%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Circle City Aquatics 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 Rushville Fitness and Community Center ($765k), Texas Youth Cheerleading & Football Association ($765k) and Friends of Janes Carousel Inc ($765k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 56% and program service revenue 45% of the total. Other salaries and wages came to $419k. At year end it held assets of $79k against liabilities of $0, net assets of $79k. It reported 52 employees.