Friends of Kenilworth Aquaticgardens

Analysis

Friends of Kenilworth Aquaticgardens is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2008, 18 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, Friends of Kenilworth Aquaticgardens reported income of $239k and spending of $292k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $306k to $239k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Kenilworth Aquaticgardens sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 32nd percentile within DC. Charities of a similar size with the same main cause include Mutchler Community Center ($239k), Youngstown Junior Sailing Foundation Inc ($239k) and Hocking Valley Gymnastics Boosters Organization Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (26% of expenses). Other salaries and wages came to $80k. At year end it held assets of $179k against liabilities of $20k, net assets of $159k. It reported 5 employees.