Splash Aquatics Inc
Analysis
Splash Aquatics Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in December 2010, 16 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 December 2023, Splash Aquatics Inc reported income of $75k and spending of $76k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $75k (-8.8%), an average of -8.8% a year. Over the whole period it spent 84% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Splash Aquatics Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within HI. Charities of a similar size with the same main cause include Dewitt Baseball & Softball Association Inc ($75k), Little League Baseball Inc ($75k) and Little League Baseball Inc ($75k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 15% of the total. At year end it held assets of $47k against liabilities of $6,131, net assets of $41k.
Income and spending
Where the income comes from
- Contributions & grants 3.3%
- Program services 15%
- Other 81%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dewitt Baseball & Softball Association Inc | Dewitt | $75k |
| Little League Baseball Inc | Defuniak SPGS | $75k |
| Little League Baseball Inc | Englewood | $75k |
| Washington County Home School Athletics | West Bend | $75k |