Sacramento Synchronized Swim Team

Analysis

Sacramento Synchronized Swim Team is a registered charity in United States, based in Citrus HTS, CA. It received its IRS tax-exemption ruling in February 1988, 38 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, Sacramento Synchronized Swim Team reported income of $121k and spending of $94k, leaving 22% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $73k to $121k (+67%), an average of +19% a year. The sharpest change came in the year to August 2022, when income rose by 850%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sacramento Synchronized Swim Team sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($121k), Milmont Fire Co No 1 ($121k) and New Port Club of Vero Beach Inc ($121k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.