Central Jersey Aquatic Club Inc

Analysis

Central Jersey Aquatic Club Inc is a registered charity in United States, based in Long Branch, NJ. It received its IRS tax-exemption ruling in October 1979, 47 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 December 2023, Central Jersey Aquatic Club Inc reported income of $226k and spending of $194k, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $263k to $226k (-14%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Central Jersey Aquatic Club Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Brookline Baseball Inc ($226k), Central Falcons Trap and Skeet ($226k) and Punxsutawney Area Community Arts & Recreation Center Inc ($226k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 101% of the total. Compensation of current officers, directors and key employees was $18k (9.2% of expenses). Other salaries and wages came to $72k. At year end it held assets of $232k against liabilities of $0, net assets of $232k. It reported 5 employees.