All Star Aquatics

Analysis

All Star Aquatics is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in November 2005, 21 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 June 2023, All Star Aquatics reported income of $1.1m and spending of $1.0m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $899k to $1.1m (+22%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, All Star Aquatics sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Forest Lake Hockey Association ($1.1m), Tulsa Sports Commission Inc ($1.1m) and Winthrop Athletic Complex Committee ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $459k. At year end it held assets of $680k against liabilities of $69k, net assets of $611k. It reported 19 employees.