Union City Eagle Aquatic Club Corp

Analysis

Union City Eagle Aquatic Club Corp is a registered charity in United States, based in Union City, NJ. It received its IRS tax-exemption ruling in February 2015, 11 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 December 2023, Union City Eagle Aquatic Club Corp reported income of $92k and spending of $98k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $110k to $92k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2022, when income rose by 59%. 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, Union City Eagle Aquatic Club Corp sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Northstars Baseball Inc ($92k), Kenston Baseball Association Inc ($92k) and Royal Valley Recreation Association Inc ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $14k (14% of expenses). Other salaries and wages came to $46k. At year end it held assets of $18k against liabilities of $1,812, net assets of $17k. It reported 6 employees.