Riverside Aquatics Association

Analysis

Riverside Aquatics Association is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in January 2010, 16 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 December 2023, Riverside Aquatics Association reported income of $681k and spending of $728k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $465k to $681k (+46%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 55%. 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, Riverside Aquatics Association sits at the 89th percentile: it is larger than about 89% 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 S a Lions Football Club Inc ($680k), Tarrant County Junior Livestock Show Association Inc ($681k) and Camp Friendship ($680k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $390k. At year end it held assets of $227k against liabilities of $1,275, net assets of $226k. It reported 29 employees.