Rose Bowl Aquatics Center

Analysis

Rose Bowl Aquatics Center is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in September 1991, 35 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rose Bowl Aquatics Center reported income of $9.5m and spending of $9.8m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.0m to $9.5m (+19%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 122%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rose Bowl Aquatics Center sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Circle C Child Development Center Inc ($9.5m), Nebraska Masonic Home ($9.5m) and Odd Fellow Rebekah Home Association Inc ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $270k (2.8% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $6.7m against liabilities of $1.0m, net assets of $5.7m. It reported 359 employees.