Spartan Aquatic Club Inc

Analysis

Spartan Aquatic Club Inc is a registered charity in United States, based in Novi, MI. It received its IRS tax-exemption ruling in June 1988, 38 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, Spartan Aquatic Club Inc reported income of $227k and spending of $229k, spending 101% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $248k to $227k (-8.5%), an average of -8.5% a year. 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, Spartan Aquatic Club Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Pleasanton Athletic Booster Club ($227k), Oak Mountain Lacrosse Association ($227k) and University of Kentucky Hockey Club ($227k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.