Woodbridge Village Association Swim Team Inc

Analysis

Woodbridge Village Association Swim Team Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in January 2017, 9 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 August 2023, Woodbridge Village Association Swim Team Inc reported income of $128k and spending of $133k, spending 104% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $82k to $128k (+56%), an average of +56% a year. The sharpest change came in the year to August 2023, when income rose by 56%. Over the whole period it spent 122% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Woodbridge Village Association Swim Team Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Beartown Ski Area Inc ($128k), Upper Macungie Township Community Fund ($128k) and South Shore Initiative Corp ($128k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 0.5% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.