Clovis Sharks Inc

Analysis

Clovis Sharks Inc is a registered charity in United States, based in Clovis, CA. It received its IRS tax-exemption ruling in August 2024, 2 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, Clovis Sharks Inc reported income of $103k and spending of $44k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $103k (+4.9%), an average of +4.9% a year. Over the whole period it spent 26% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Clovis Sharks Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Newport Harbor Sailing Foundation ($103k), Greater Flemington Soccer Club Inc ($103k) and Little League Baseball Inc ($103k).

At year end it held assets of $59k against liabilities of $0, net assets of $59k.