Town of Tonawanda Aquettes

Analysis

Town of Tonawanda Aquettes is a registered charity in United States, based in Tonawanda, NY. It received its IRS tax-exemption ruling in April 2006, 20 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 September 2023, Town of Tonawanda Aquettes reported income of $95k and spending of $97k, spending 102% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $113k to $95k (-16%), an average of -16% a year. The sharpest change came in the year to September 2023, when income dropped by 16%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Town of Tonawanda Aquettes sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Garner Community Center Inc ($95k), Columbia Athletic Association Inc ($95k) and Topsail Ball Club Inc ($95k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 9.5% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.