Capital Aquatics League

Analysis

Capital Aquatics League is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in June 2007, 19 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Capital Aquatics League reported income of $98k and spending of $97k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $100k to $98k (-2.1%), an average of -1.0% a year. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Capital Aquatics League 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 36th percentile, and in the 35th percentile within NE. Charities of a similar size with the same main cause include Arizona Golf Foundation ($98k), Mishawaka Baseball Softball Association ($98k) and Red Hook Soccer Club Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $19k against liabilities of $208, net assets of $18k.