Irish Aquatics Inc

Analysis

Irish Aquatics Inc is a registered charity in United States, based in Granger, IN. It received its IRS tax-exemption ruling in March 2002, 24 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 August 2023, Irish Aquatics Inc reported income of $535k and spending of $552k, spending 103% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $232k to $535k (+131%), an average of +32% a year. The sharpest change came in the year to August 2021, when income rose by 59%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Irish Aquatics Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Communication Development Center Inc ($535k), Sierra Mountain Soccer Club ($536k) and Poway Youth Soccer League Inc ($535k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.0% and program service revenue 90% of the total. Other salaries and wages came to $279k. At year end it held assets of $74k against liabilities of $22k, net assets of $52k. It reported 51 employees.