Buenaventura Swim Club

Analysis

Buenaventura Swim Club is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in January 1969, 57 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 2023, Buenaventura Swim Club reported income of $458k and spending of $364k, leaving 20% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $430k to $458k (+6.6%), an average of +1.6% a year. The sharpest change came in the year to August 2022, when income rose by 48%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Buenaventura Swim Club 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 71st percentile within CA. Charities of a similar size with the same main cause include Woodland Soccer Club ($458k), Game of Your Life Foundation ($458k) and North Oakland Scamp Funding Corporation ($457k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 79% of the total. Other salaries and wages came to $191k. At year end it held assets of $191k against liabilities of $0, net assets of $191k. It reported 17 employees.