Pool & Hot Tub Foundation

Analysis

Pool & Hot Tub Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in July 1968, 58 years ago. 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, Pool & Hot Tub Foundation reported income of $5.8m and spending of $6.4m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $5.8m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pool & Hot Tub Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Tri-County Retirement & Nursing ($5.8m), Highway Loss Data Institute ($5.8m) and Epoch Media Midwest ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $335k (5.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $10.5m against liabilities of $204k, net assets of $10.3m.