Souderton Area Community Aquatic Club

Analysis

Souderton Area Community Aquatic Club is a registered charity in United States, based in Souderton, PA. It received its IRS tax-exemption ruling in March 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 June 2024, Souderton Area Community Aquatic Club reported income of $116k and spending of $126k, spending 109% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $137k to $116k (-15%), an average of -15% a year. The sharpest change came in the year to June 2024, when income dropped by 15%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Souderton Area Community Aquatic Club sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Kings Basketball Association ($116k), Friends of Davis Rowing Inc ($116k) and Alsip Falcons Youth Football and Cheerleading Association ($116k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.