District of Columbia Aquatics Club Inc

Analysis

District of Columbia Aquatics Club Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2000, 26 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, District of Columbia Aquatics Club Inc reported income of $74k and spending of $75k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $74k (-0.6%), an average of -0.6% a year. 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, District of Columbia Aquatics Club Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 14th percentile within DC. Charities of a similar size with the same main cause include International Water Ski Racing Association Inc ($74k), Weymouth Girls Basketball Inc ($74k) and Waikiki Beachboys Canoe Club ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.