North Aquatics Club Inc

Analysis

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

In the financial year ending March 2024, North Aquatics Club Inc reported income of $172k and spending of $163k, spending 95% of its income. Across the 3 years on record, from March 2022 to March 2024, income fell from $229k to $172k (-25%), an average of -13% a year. The sharpest change came in the year to March 2024, when income dropped by 17%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Aquatics Club Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Western Mass Vipers Youth Hockey Association Inc ($172k), Riverview High School Athletic Booster Association Inc ($173k) and Birmingham Unified Youth Football Organization ($172k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $8,715 (5.3% of expenses). Other salaries and wages came to $45k. At year end it held assets of $222k against liabilities of $0, net assets of $222k. It reported 15 employees.