Ozaukee Aquatics Inc

Analysis

Ozaukee Aquatics Inc is a registered charity in United States, based in Cedarburg, WI. It received its IRS tax-exemption ruling in January 1995, 31 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 2024, Ozaukee Aquatics Inc reported income of $516k and spending of $564k, spending 109% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income grew from $492k to $516k (+4.9%), an average of +1.0% a year. The sharpest change came in the year to August 2022, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ozaukee Aquatics Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within WI. Charities of a similar size with the same main cause include Canal Dock Boathouse Inc ($516k), Clinton County Agricultural Society ($516k) and Otoe County Agricultural Society ($515k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $110k (20% of expenses). Other salaries and wages came to $208k. At year end it held assets of $112k against liabilities of $10k, net assets of $102k. It reported 28 employees.