Columbus Aquatic Club Inc

Analysis

Columbus Aquatic Club Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in August 1980, 46 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, Columbus Aquatic Club Inc reported income of $341k and spending of $344k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $328k to $341k (+4.0%), an average of +1.0% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Columbus Aquatic Club Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Association for Chemoreception Sciences ($341k), The Ark United Ministry Outreach Center ($341k) and East Hampton Meals on Wheels Inc ($341k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $140k. At year end it held assets of $16k against liabilities of $1,889, net assets of $14k. It reported 13 employees.

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.