San Ramon Valley Aquatics

Analysis

San Ramon Valley Aquatics is a registered charity in United States, based in San Ramon, CA. It received its IRS tax-exemption ruling in November 1983, 43 years ago. 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 September 2023, San Ramon Valley Aquatics reported income of $727k and spending of $730k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $729k to $727k (-0.3%), an average of -0.1% a year. The sharpest change came in the year to September 2020, when income dropped by 46%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Ramon Valley Aquatics sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include The Dolphin Club a Nonprofit Corporation ($726k), New Mexico Health Resources Inc ($727k) and International Guild of Minature Artisans Ltd ($726k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Other salaries and wages came to $322k. At year end it held assets of $536k against liabilities of $29k, net assets of $507k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.