Hamilton Aquatic Club Inc

Analysis

Hamilton Aquatic Club Inc is a registered charity in United States, based in West Windsor, NJ. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hamilton Aquatic Club Inc reported income of $424k and spending of $282k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $264k to $424k (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hamilton Aquatic Club Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Poway Unified School District Foundation ($424k), Natural Refrigeration Foundation ($424k) and Southern University in New Orleans Foundation Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $36k (13% of expenses). Other salaries and wages came to $82k. At year end it held assets of $288k against liabilities of $0, net assets of $288k. It reported 16 employees.