Bair Island Aquatic Center Inc

Analysis

Bair Island Aquatic Center Inc is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in January 2000, 26 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 August 2024, Bair Island Aquatic Center Inc reported income of $455k and spending of $417k, spending 91% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $365k to $455k (+25%), an average of +5.7% a year. The sharpest change came in the year to August 2022, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bair Island Aquatic Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include US Patriot Sailing Inc ($455k), Middle Georgia Soccer Association Inc ($455k) and Future Soccer Inc ($455k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 69% and program service revenue 30% of the total. Other salaries and wages came to $175k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 13 employees.