South Bay Aquatics Boosters

Analysis

South Bay Aquatics Boosters is a registered charity in United States, based in Chula Vista, CA. It received its IRS tax-exemption ruling in February 2002, 24 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 October 2023, South Bay Aquatics Boosters reported income of $507k and spending of $455k, spending 90% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $489k to $507k (+3.7%), an average of +0.9% a year. The sharpest change came in the year to October 2020, when income dropped by 46%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Bay Aquatics Boosters sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Salems Riverfront Carousel Inc ($507k), Little League Baseball Inc ($507k) and Little Elm Area Youth Sports Association ($507k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 50% and program service revenue 42% of the total. Other salaries and wages came to $194k. At year end it held assets of $205k against liabilities of $250k, net assets of -$46k. It reported 15 employees.