Aquatics Unlimited

Analysis

Aquatics Unlimited is a registered charity in United States, based in South Lyon, MI. It received its IRS tax-exemption ruling in June 2023, 3 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 2024, Aquatics Unlimited reported income of $366k and spending of $335k, spending 92% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $333k to $366k (+10%), an average of +10% a year. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Aquatics Unlimited sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Florida Amateur Wrestling Association Inc ($366k), Spring Branch Tennis Center ($366k) and American Canyon Community & Parks Foundation ($366k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $179k. At year end it held assets of $118k against liabilities of $20k, net assets of $98k. It reported 9 employees.