Branden Sports and Aquatic Center

Analysis

Branden Sports and Aquatic Center is a registered charity in United States, based in Brandon, FL. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Branden Sports and Aquatic Center reported income of $5.1m and spending of $3.9m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $5.1m (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Branden Sports and Aquatic Center 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 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Amazin Mets Foundation Inc ($5.1m), The Erie County Community Foundation ($5.1m) and Gofundme Org ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $318k (8.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.9m against liabilities of $1.6m, net assets of $3.3m. It reported 277 employees.