Jackson Aquatic Club Inc

Analysis

Jackson Aquatic Club Inc is a registered charity in United States, based in Flowood, MS. It received its IRS tax-exemption ruling in December 1978, 48 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 August 2023, Jackson Aquatic Club Inc reported income of $211k and spending of $261k, spending 124% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $190k to $211k (+11%), an average of +2.7% a year. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jackson Aquatic Club Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within MS. Charities of a similar size with the same main cause include Soccer Assist ($211k), Acalanes Lacrosse Club ($211k) and Fort Collins Figure Skating Club ($211k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $76k. At year end it held assets of $1,447 against liabilities of $45k, net assets of -$44k. It reported 3 employees.