Hemet Valley Dolphins

Analysis

Hemet Valley Dolphins is a registered charity in United States, based in Hemet, CA. It received its IRS tax-exemption ruling in June 1986, 40 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 September 2024, Hemet Valley Dolphins reported income of $87k and spending of $78k, spending 90% of its income. Across the 2 years on record, from September 2023 to September 2024, income fell from $98k to $87k (-12%), an average of -12% a year. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hemet Valley Dolphins sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include East Tennessee Region Sports Car Club of America Inc ($87k), Broad Run Crew Inc ($87k) and Blue Devil Lacrosse Club Inc ($87k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 1.5% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.