Wasatch Aquatic Club

Analysis

Wasatch Aquatic Club is a registered charity in United States, based in Heber City, UT. It received its IRS tax-exemption ruling in March 2018, 8 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, Wasatch Aquatic Club reported income of $120k and spending of $126k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $120k (+2.0%), an average of +2.0% a year. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wasatch Aquatic Club sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within UT. Charities of a similar size with the same main cause include L D Bell Raiderette Booster Club ($120k), Newcomerstown Althetic Booster Club ($120k) and Liberty Hill Cheer Boosters ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.