Marin Aquatic Masters

Analysis

Marin Aquatic Masters is a registered charity in United States, based in Novato, CA. It received its IRS tax-exemption ruling in July 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 December 2023, Marin Aquatic Masters reported income of $105k and spending of $112k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $105k (+14%), an average of +14% a year. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Marin Aquatic Masters sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Rockford Five O ($105k), Geneva Park District Foundation ($105k) and Los Banos Tigers Youth Football ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.