Norcal Aquatics Corporation

Analysis

Norcal Aquatics Corporation is a registered charity in United States, based in Campbell, CA. It received its IRS tax-exemption ruling in November 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 July 2024, Norcal Aquatics Corporation reported income of $185k and spending of $133k, leaving 28% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $16 to $185k (+1158950%), an average of +1158950% a year. The sharpest change came in the year to July 2024, when income rose by 1158950%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Norcal Aquatics Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include North Carolina Black Bear Festival Inc ($185k), Central Michigan Wrestling Club ($185k) and Kick2build Organization ($185k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.