Dolphin Aquatics

Analysis

Dolphin Aquatics is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 2013, 13 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 June 2024, Dolphin Aquatics reported income of $441k and spending of $313k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $329k to $441k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dolphin Aquatics sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Saginaw Township Soccer Association ($441k), Friends of Hamilton County Parks Inc ($441k) and Warrior for Life Fund ($440k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $119k (38% of expenses). Other salaries and wages came to $84k. At year end it held assets of $904k against liabilities of $7,847, net assets of $896k. It reported 5 employees.