Orinda Aquatics Inc

Analysis

Orinda Aquatics Inc is a registered charity in United States, based in Orinda, CA. It received its IRS tax-exemption ruling in March 1996, 30 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, Orinda Aquatics Inc reported income of $1.1m and spending of $998k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $892k to $1.1m (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Orinda Aquatics Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Girls Golf of America Inc ($1.1m), Campton United Soccer Club Inc ($1.1m) and Team Yes Aquatics of Houston ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $345k (35% of expenses). Other salaries and wages came to $248k. At year end it held assets of $519k against liabilities of $15k, net assets of $504k. It reported 11 employees.