Elk Grove Aquatics Club

Analysis

Elk Grove Aquatics Club is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in January 1990, 36 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 December 2023, Elk Grove Aquatics Club reported income of $344k and spending of $298k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $344k (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Elk Grove Aquatics Club sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include South Bay Youth Soccer Inc ($344k), Mt Spokane Alpine Team ($345k) and The Kingdom Center for US Special Operations Support ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Other salaries and wages came to $114k. At year end it held assets of $293k against liabilities of $18k, net assets of $274k. It reported 8 employees.