Razorback Aquatic Club Inc

Analysis

Razorback Aquatic Club Inc is a registered charity in United States, based in Springdale, AR. It received its IRS tax-exemption ruling in January 1988, 38 years ago. 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 June 2024, Razorback Aquatic Club Inc reported income of $669k and spending of $656k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $341k to $669k (+96%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 93%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Razorback Aquatic Club Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within AR. Charities of a similar size with the same main cause include Better Lives Rhode Island ($669k), Therapeutic Riding Institute Inc ($669k) and Leominster Telecommunications Corp Inc ($669k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $234k. At year end it held assets of $98k against liabilities of $0, net assets of $98k. It reported 48 employees.