Tarpon Aquatic Club Inc

Analysis

Tarpon Aquatic Club Inc is a registered charity in United States, based in Punta Gorda, FL. It received its IRS tax-exemption ruling in October 2004, 22 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, Tarpon Aquatic Club Inc reported income of $71k and spending of $52k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $82k to $71k (-14%), an average of -7.4% a year. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tarpon Aquatic Club Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include American Gaelic Games ($71k), Pacific Northwest Chess Center ($71k) and Louisville Youth Football League ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 2.1% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.