Adaptive Aquatics Inc

Analysis

Adaptive Aquatics Inc is a registered charity in United States, based in Wilsonville, AL. It received its IRS tax-exemption ruling in March 1996, 30 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 (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, Adaptive Aquatics Inc reported income of $75k and spending of $87k, spending 116% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $115k to $75k (-35%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Adaptive Aquatics 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 28th percentile within AL. Charities of a similar size with the same main cause include Ride Across California ($75k), Cain Center Endowment Trust ($75k) and Muskego Girls Basketball Association Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $439k against liabilities of $284, net assets of $439k.