California Magic SC

Analysis

California Magic SC is a registered charity in United States, based in Orinda, CA. It received its IRS tax-exemption ruling in February 2013, 13 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, California Magic SC reported income of $1.4m and spending of $1.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $917k to $1.4m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, California Magic SC sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Positive Atmosphere Reaches Kids ($1.4m), Southeastern Diabetes Education Services Inc ($1.4m) and McKee Parks Trails and Greenways ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $138k (11% of expenses). Other salaries and wages came to $369k. At year end it held assets of $855k against liabilities of $8,204, net assets of $846k. It reported 7 employees.