Area Tallahassee Aquatic Club Boosters Inc

Analysis

Area Tallahassee Aquatic Club Boosters Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in October 2004, 22 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, Area Tallahassee Aquatic Club Boosters Inc reported income of $99k and spending of $101k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $99k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Area Tallahassee Aquatic Club Boosters Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Ontario Beach Park Program Comm Inc ($99k), East Carteret High School Athletic Booster Association Inc ($99k) and Neola Area Community Center ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.