Chico Area Swim Association Inc

Analysis

Chico Area Swim Association Inc is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in July 1973, 53 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 December 2023, Chico Area Swim Association Inc reported income of $176k and spending of $179k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $193k to $176k (-8.9%), an average of -8.9% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chico Area Swim Association Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include North Central Kiwanis Memorial Fund ($176k), Down Syndrome Association of Connecticut Inc ($176k) and Family Career and Community Leaders of America Inc ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $40k against liabilities of $1,877, net assets of $38k.