Santa Barbara Masters Swimming

Analysis

Santa Barbara Masters Swimming is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in December 2020, 6 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, Santa Barbara Masters Swimming reported income of $159k and spending of $148k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $159k (+9.3%), an average of +9.3% a year. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Santa Barbara Masters Swimming sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Friends of Keney Park Inc ($159k), West Houston Water Polo Inc ($159k) and Dubois Little League Baseball for Boys Inc ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.9% and program service revenue 91% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.