Mid-Hudson Aquatics Inc

Analysis

Mid-Hudson Aquatics Inc is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in March 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, Mid-Hudson Aquatics Inc reported income of $188k and spending of $181k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $188k (+84%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 90%. 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, Mid-Hudson Aquatics Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Friends of Rea Park Inc ($188k), Novato Lacrosse Club ($188k) and Mentor Girls Softball League ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $56k (31% of expenses). Other salaries and wages came to $39k. At year end it held assets of $24k against liabilities of $0, net assets of $24k. It reported 18 employees.