Monroe-Woodbury Devilfish Aquatics Inc

Analysis

Monroe-Woodbury Devilfish Aquatics Inc is a registered charity in United States, based in Harriman, NY. It received its IRS tax-exemption ruling in October 2009, 17 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, Monroe-Woodbury Devilfish Aquatics Inc reported income of $187k and spending of $169k, spending 91% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $148k to $187k (+26%), an average of +26% a year. The sharpest change came in the year to August 2023, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Monroe-Woodbury Devilfish Aquatics Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Redemption Works International Inc ($187k), Lubbock Swim Club ($187k) and Cape Verdean Association in New Bedford Inc ($187k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.