Deforest Aquatic Club Inc

Analysis

Deforest Aquatic Club Inc is a registered charity in United States, based in Deforest, WI. It received its IRS tax-exemption ruling in January 2011, 15 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 March 2023, Deforest Aquatic Club Inc reported income of $126k and spending of $128k, spending 101% of its income. Across the 2 years on record, from March 2022 to March 2023, income grew from $58k to $126k (+118%), an average of +118% a year. The sharpest change came in the year to March 2023, when income rose by 118%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Deforest Aquatic Club Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within WI. Charities of a similar size with the same main cause include Salina Crossroads Marathon ($126k), Springboro Youth Basketball ($126k) and Fury Fastpitch STL ($126k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 8.3% and program service revenue 31% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.