Solano Aquatic Sea Otters

Analysis

Solano Aquatic Sea Otters is a registered charity in United States, based in Fairfield, CA. It received its IRS tax-exemption ruling in April 2004, 22 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, Solano Aquatic Sea Otters reported income of $330k and spending of $429k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $330k (+6.2%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Solano Aquatic Sea Otters sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Basin United Soccer Club Inc ($330k), US Angling Confederation ($330k) and Cooper Spur Race Team Inc ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $95k (22% of expenses). Other salaries and wages came to $145k. At year end it held assets of $80k against liabilities of $0, net assets of $80k. It reported 57 employees.