Aquakids Inc

Analysis

Aquakids Inc is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in May 1988, 38 years ago. 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 August 2024, Aquakids Inc reported income of $130k and spending of $164k, spending 126% of what it took in. Across the 6 years on record, from August 2018 to August 2024, income fell from $173k to $130k (-25%), an average of -5.6% a year. The sharpest change came in the year to August 2023, when income dropped by 40%. 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, Aquakids Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within AR. Charities of a similar size with the same main cause include Floyd Jones Evangelism and Teaching Ministries Inc ($130k), Bennett Elderly Housing Inc ($130k) and Road Runners Club of America ($130k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 11% and program service revenue 36% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.