The Benicia Stingray Swim Team

Analysis

The Benicia Stingray Swim Team is a registered charity in United States, based in Benicia, CA. It received its IRS tax-exemption ruling in January 1999, 27 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 September 2023, The Benicia Stingray Swim Team reported income of $115k and spending of $87k, leaving 24% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income grew from $57k to $115k (+102%), an average of +42% a year. The sharpest change came in the year to September 2022, when income rose by 79%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Benicia Stingray Swim Team sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Hodag Sno-Trails Inc ($115k), Competitive Wake Surf Association Inc ($115k) and Mount Washington Valley Youth Hockey Association ($115k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 8.8% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.