Aqua Skiers Inc

Analysis

Aqua Skiers Inc is a registered charity in United States, based in Wisc Rapids, WI. It received its IRS tax-exemption ruling in September 2003, 23 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 December 2023, Aqua Skiers Inc reported income of $241k and spending of $203k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $140k to $241k (+72%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 302%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Aqua Skiers Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within WI. Charities of a similar size with the same main cause include Merton Athletic Association ($241k), Project Baseball Az ($241k) and Little Guys Baseball Club ($241k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.