Wissahickon Acquatic Club

Analysis

Wissahickon Acquatic Club is a registered charity in United States, based in Blue Bell, PA. It received its IRS tax-exemption ruling in August 2019, 7 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 July 2024, Wissahickon Acquatic Club reported income of $387k and spending of $338k, spending 87% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $292k to $387k (+33%), an average of +15% a year. The sharpest change came in the year to July 2024, when income rose by 26%. 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, Wissahickon Acquatic Club sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Lincoln Park BMX Association ($387k), USA Softball of Virginia Inc ($387k) and Greenhaven Soccer Club of Sacramento ($387k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.