World Aquatic Coalition Inc

Analysis

World Aquatic Coalition Inc is a registered charity in United States, based in Brunswick, GA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, World Aquatic Coalition Inc reported income of $1.1m and spending of $1.2m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+3.4%), an average of +0.8% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, World Aquatic Coalition Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Secure Families Collaborative ($1.1m), Keeping Families Covered ($1.1m) and Foster Angels of South Texas Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $378k. At year end it held assets of $71k against liabilities of $100k, net assets of -$29k. It reported 8 employees.