Los Altos Aquatics Club Inc

Analysis

Los Altos Aquatics Club Inc is a registered charity in United States, based in Los Altos, CA. It received its IRS tax-exemption ruling in August 1981, 45 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 August 2023, Los Altos Aquatics Club Inc reported income of $368k and spending of $319k, spending 87% of its income. Across the 6 years on record, from August 2018 to August 2023, income fell from $377k to $368k (-2.4%), an average of -0.5% a year. The sharpest change came in the year to August 2022, when income rose by 45%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Altos Aquatics Club Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Volunteers of America Inc ($368k), Wildflower Foundation ($368k) and Surti Leva Patidar Samaj of Sca ($368k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.1% and program service revenue 98% of the total. Other salaries and wages came to $192k. At year end it held assets of $344k against liabilities of $0, net assets of $344k.