Elkhart Health Fitness and Aquatics Inc

Analysis

Elkhart Health Fitness and Aquatics Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Elkhart Health Fitness and Aquatics Inc reported income of $1.2m and spending of $2.2m, spending 187% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $24.3m to $1.2m (-95%), an average of -53% a year. The sharpest change came in the year to December 2020, when income dropped by 92%. Over the whole period it spent 34% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elkhart Health Fitness and Aquatics Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Southern Colorado Harm Reduction Association ($1.2m), One Day at a Time Inc ($1.2m) and Mea Alofa Autism Support Center ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $54.0m against liabilities of $4.7m, net assets of $49.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.