Chino Hills Aquatics

Analysis

Chino Hills Aquatics is a registered charity in United States, based in S El Monte, CA. It received its IRS tax-exemption ruling in August 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 July 2023, Chino Hills Aquatics reported income of $414k and spending of $419k, spending 101% of its income. Across the 3 years on record, from July 2020 to July 2023, income grew from $348k to $414k (+19%), an average of +9.1% a year. The sharpest change came in the year to July 2022, when income rose by 19%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chino Hills Aquatics sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Balloons Over Vermilion NFP ($414k), Foundation for Interscholastic Youth Athletics ($414k) and Madison United Soccer Association Inc ($414k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $117k (28% of expenses). Other salaries and wages came to $135k. At year end it held assets of $54k against liabilities of $145k, net assets of -$91k. It reported 23 employees.