Pearland Aquatics Inc

Analysis

Pearland Aquatics Inc is a registered charity in United States, based in Pearland, TX. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Pearland Aquatics Inc reported income of $687k and spending of $633k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $502k to $687k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pearland Aquatics Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Cincinnati Cyclones Foundation ($686k), Shelby County Players Inc ($687k) and TD Club Foundation ($686k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Other salaries and wages came to $50k. At year end it held assets of $647k against liabilities of $0, net assets of $647k. It reported 4 employees.