Brunswick Aquatic Club Inc

Analysis

Brunswick Aquatic Club Inc is a registered charity in United States, based in Calabash, NC. It received its IRS tax-exemption ruling in June 2012, 14 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 2023, Brunswick Aquatic Club Inc reported income of $110k and spending of $95k, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $106k to $110k (+3.8%), an average of +3.8% a year. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Brunswick Aquatic Club Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Boulder Junction Shooting Range Inc ($110k), Lords Gym Vancouver - USA ($110k) and Howell Township Southern Little League ($110k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 6.2% and program service revenue 80% of the total. At year end it held assets of $100k against liabilities of $8,380, net assets of $92k.