Aquatennial Ambassador Organization

Analysis

Aquatennial Ambassador Organization is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2024, Aquatennial Ambassador Organization reported income of $170k and spending of $186k, spending 110% of what it took in. Across the 2 years on record, from September 2023 to September 2024, income grew from $158k to $170k (+7.7%), an average of +7.7% a year. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Aquatennial Ambassador Organization sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Police Activities League of Bridgeport Inc ($170k), Minds Matter ($170k) and Franklin County Caring Communities Inc ($170k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 24% and program service revenue 46% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.