Brea Aquatic Association Inc

Analysis

Brea Aquatic Association Inc is a registered charity in United States, based in Rowland HGHTS, CA. It received its IRS tax-exemption ruling in May 1980, 46 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Brea Aquatic Association Inc reported income of $702k and spending of $640k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $620k to $702k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brea Aquatic Association Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Ecochallenge Corporation ($702k), Bethlehem Economic Development Corp ($702k) and Tri-County Speaks ($702k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $249k. At year end it held assets of $320k against liabilities of $0, net assets of $320k.