North Palm Beach Aquatic Foundation Inc

Analysis

North Palm Beach Aquatic Foundation Inc is a registered charity in United States, based in N Palm Beach, FL. It received its IRS tax-exemption ruling in January 2014, 12 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, North Palm Beach Aquatic Foundation Inc reported income of $142k and spending of $128k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $137k to $142k (+4.0%), an average of +2.0% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Palm Beach Aquatic Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Mahomet-Seymour Soccer Club ($142k), Pennsylvania State Association of County Fairs ($142k) and Laguna Hills Soccer Club Eclipse ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.