Loyola Blakefield Aquatics

Analysis

Loyola Blakefield Aquatics is a registered charity in United States, based in Bel Air, MD. It received its IRS tax-exemption ruling in July 1998, 28 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 August 2023, Loyola Blakefield Aquatics reported income of $310k and spending of $254k, spending 82% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $239k to $310k (+30%), an average of +6.7% a year. The sharpest change came in the year to August 2022, when income rose by 54%. 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, Loyola Blakefield Aquatics sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Broadneck Baseball Inc ($310k), Lasers Inc ($311k) and United STL Academy Inc ($310k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. At year end it held assets of $499k against liabilities of $0, net assets of $499k.