Sacramento Stingrays Swim Team

Analysis

Sacramento Stingrays Swim Team is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 2018, 8 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, Sacramento Stingrays Swim Team reported income of $132k and spending of $125k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $132k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. 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, Sacramento Stingrays Swim Team sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Christian Homeschool Sports Ministries ($132k), Tahoe Truckee Lacrosse Association Inc ($132k) and Tangier Classic Inc ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $39k against liabilities of $73, net assets of $39k.