Tidal Wave Aquatics

Analysis

Tidal Wave Aquatics is a registered charity in United States, based in Kettering, OH. It received its IRS tax-exemption ruling in March 2007, 19 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, Tidal Wave Aquatics reported income of $187k and spending of $172k, spending 92% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $212k to $187k (-12%), an average of -6.2% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. 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, Tidal Wave Aquatics 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 52nd percentile within OH. Charities of a similar size with the same main cause include Ssa Hoops Inc ($187k), Little League Baseball Inc ($187k) and Mantua Township Soccer Association Inc ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.2% and program service revenue 40% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.