Ramona Swim Team

Analysis

Ramona Swim Team is a registered charity in United States, based in Ramona, CA. It received its IRS tax-exemption ruling in November 2014, 12 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 August 2024, Ramona Swim Team reported income of $172k and spending of $167k, spending 97% of its income. Across the 3 years on record, from August 2022 to August 2024, income grew from $143k to $172k (+20%), an average of +9.7% a year. The sharpest change came in the year to August 2024, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ramona Swim Team sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Oahu Babe Ruth League ($172k), Pipcommunity Human Economic Development-Revitalizing Our ($172k) and Pop Warner Little Scholars Inc ($172k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. At year end it held assets of $52k against liabilities of $16k, net assets of $36k.