Swimming Patrons of Santa Monica

Analysis

Swimming Patrons of Santa Monica is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in May 2013, 13 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 September 2023, Swimming Patrons of Santa Monica reported income of $1.5m and spending of $1.3m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $940k to $1.5m (+56%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 65%. 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, Swimming Patrons of Santa Monica sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Big Brothers and Big Sisters of Dane County Inc ($1.5m), United Cerebral Palsy Assn of Hawaii ($1.5m) and New Dimensions in Living Inc ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. Other salaries and wages came to $556k. At year end it held assets of $425k against liabilities of $142k, net assets of $283k. It reported 14 employees.