Two Rivers Aquatics at Palmer

Analysis

Two Rivers Aquatics at Palmer is a registered charity in United States, based in Bath, PA. It received its IRS tax-exemption ruling in November 2016, 10 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, Two Rivers Aquatics at Palmer reported income of $82k and spending of $78k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $82k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Two Rivers Aquatics at Palmer sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Southwest Indiana Soccer Assoc ($82k), Duluth East Hockey Boosters Inc ($82k) and Wisconsin River Trail Organization ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 77% of the total. At year end it held assets of $15k against liabilities of $1,454, net assets of $14k.