Motor City Aquatics Inc

Analysis

Motor City Aquatics Inc is a registered charity in United States, based in Bloomfld HLS, MI. It received its IRS tax-exemption ruling in August 2014, 12 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, Motor City Aquatics Inc reported income of $178k and spending of $180k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $178k (-29%), an average of -8.1% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Motor City Aquatics Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include New Milford Junior Football and Cheerleading Inc ($178k), Elkhorn American Legion Baseball Association ($178k) and Enfield Soccer Association ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $86k. At year end it held assets of $247k against liabilities of $6,193, net assets of $240k.