Woodland Hills Aquatic Team

Analysis

Woodland Hills Aquatic Team is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 1995, 31 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 August 2023, Woodland Hills Aquatic Team reported income of $174k and spending of $135k, leaving 23% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $80k to $174k (+119%), an average of +30% a year. The sharpest change came in the year to August 2022, when income rose by 104%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Woodland Hills Aquatic Team sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Worship 428 ($174k), Menomonee Falls Jr Indians Inc ($174k) and Autodynamics Foundation Inc ($174k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.9% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $56k (42% of expenses). Other salaries and wages came to $42k. At year end it held assets of $133k against liabilities of $3,900, net assets of $129k. It reported 28 employees.