Pine Richland Aquatics Inc

Analysis

Pine Richland Aquatics Inc is a registered charity in United States, based in Gibsonia, PA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Pine Richland Aquatics Inc reported income of $199k and spending of $207k, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $212k to $199k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to August 2022, when income rose by 49%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pine Richland Aquatics Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Urban Soccer Leadership Academy ($199k), Glendale Soccer Association Incorporated ($199k) and Little League Baseball Inc ($199k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.3% and program service revenue 96% of the total. Other salaries and wages came to $138k. At year end it held assets of $69k against liabilities of $0, net assets of $69k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.