Aquamonsters

Analysis

Aquamonsters is a registered charity in United States, based in Davis, CA. It received its IRS tax-exemption ruling in October 2006, 20 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, Aquamonsters reported income of $282k and spending of $298k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $476k to $282k (-41%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Aquamonsters sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include University Place Aquatic Club 2000 ($282k), Burr Ridge Willowbrook Girls Softball Association Inc ($282k) and Dv8 Soccer Club Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.