Westfield Aquatics Inc

Analysis

Westfield Aquatics Inc is a registered charity in United States, based in Westfield, IN. It received its IRS tax-exemption ruling in May 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Westfield Aquatics Inc reported income of $235k and spending of $230k, spending 98% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $248k to $235k (-5.6%), an average of -5.6% a year. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Westfield Aquatics Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within IN. Charities of a similar size with the same main cause include Ocmulgee National Park & Preserve Initiative Inc ($235k), Seawolf Hockey Alliance Inc ($235k) and Kidway Sports ($235k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.0% and program service revenue 100% of the total. Other salaries and wages came to $187k. At year end it held assets of $118k against liabilities of $0, net assets of $118k. It reported 11 employees.