Tamalpais Aquatic Masters

Analysis

Tamalpais Aquatic Masters is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in June 2022, 4 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, Tamalpais Aquatic Masters reported income of $119k and spending of $118k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $119k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tamalpais Aquatic Masters sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Mandan Touchdown Club Inc ($119k), Brooklyn Lacrosse Club Inc ($119k) and Montana Multisport Corporation ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.0% of the total. At year end it held assets of $36k against liabilities of $1,466, net assets of $35k.