Newport Aquatics Boosters Inc

Analysis

Newport Aquatics Boosters Inc is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Newport Aquatics Boosters Inc reported income of $130k and spending of $161k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $140k to $130k (-7.0%), an average of -7.0% a year. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Newport Aquatics Boosters Inc sits at the 46th percentile: it is larger than about 46% 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 Cuyahoga Falls Schools Alumni FNDN ($130k), Junction Community After School Program and Family Center ($130k) and Parent Booster USA Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.