Orcacon

Analysis

Orcacon is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in September 2021, 5 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 March 2023, Orcacon reported income of $67k and spending of $46k, leaving 31% of income unspent that year. Across the 2 years on record, from March 2022 to March 2023, income grew from $37k to $67k (+81%), an average of +82% a year. The sharpest change came in the year to March 2023, when income rose by 81%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Orcacon sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 21st percentile within WA. Charities of a similar size with the same main cause include Dub Baseball Softball Foundation ($67k), Orange County Batbusters ($67k) and Tracy Wrestling Club ($67k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 38% and program service revenue 5.6% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.