Amity Regional Aquatic Club Inc

Analysis

Amity Regional Aquatic Club Inc is a registered charity in United States, based in Orange, CT. It received its IRS tax-exemption ruling in November 1995, 31 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 August 2023, Amity Regional Aquatic Club Inc reported income of $177k and spending of $214k, spending 121% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $191k to $177k (-7.5%), an average of -7.5% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Amity Regional Aquatic Club Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within CT. Charities of a similar size with the same main cause include Main Street Gym Inc ($177k), Sparta Sports Boosters ($177k) and Little League Baseball Inc ($177k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $96k (45% of expenses). Other salaries and wages came to $31k. At year end it held assets of $112k against liabilities of $0, net assets of $112k. It reported 9 employees.