Srca

Analysis

Srca is a registered charity in United States, based in San Ramon, CA. It received its IRS tax-exemption ruling in April 2016, 10 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, Srca reported income of $78k and spending of $63k, spending 80% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $321k to $78k (-76%), an average of -51% a year. The sharpest change came in the year to December 2022, when income dropped by 82%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Srca sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Brookville Baseball Club Inc ($78k), Great Lakes Summer Collegiate Baseball Foundation ($78k) and Maine Senior Games ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.