Xplosion SC Inc

Analysis

Xplosion SC Inc is a registered charity in United States, based in Whittier, 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 December 2023, Xplosion SC Inc reported income of $61k and spending of $63k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $61k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Xplosion SC Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Friends of Silver Springs State Park Inc ($61k), Cleburne Football League Inc ($61k) and The Brick Town Soccer Association Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 67% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.