South Eastern Aquatics Inc

Analysis

South Eastern Aquatics Inc is a registered charity in United States, based in Sturtevant, WI. It received its IRS tax-exemption ruling in November 2018, 8 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, South Eastern Aquatics Inc reported income of $279k and spending of $307k, spending 110% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $142k to $279k (+96%), an average of +18% a year. The sharpest change came in the year to August 2021, when income rose by 65%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Eastern Aquatics Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within WI. Charities of a similar size with the same main cause include Biles World Champions Gymnastics Foundation ($279k), Heroes Movement ($279k) and Mudsock Youth Soccer Inc ($279k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.1% and program service revenue 94% of the total. Other salaries and wages came to $99k. At year end it held assets of $90k against liabilities of $0, net assets of $90k.