Northwest Arkansas Aquatics Inc

Analysis

Northwest Arkansas Aquatics Inc is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in June 2019, 7 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 August 2023, Northwest Arkansas Aquatics Inc reported income of $503k and spending of $466k, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $433k to $503k (+16%), an average of +3.8% a year. The sharpest change came in the year to August 2021, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northwest Arkansas Aquatics Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within AR. Charities of a similar size with the same main cause include Ohio Regional Training Center ($503k), All American Sports Academy Teams ($503k) and Monongahela River Trails Conservancy Limited ($502k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $138k (30% of expenses). Other salaries and wages came to $106k. At year end it held assets of $176k against liabilities of $11k, net assets of $165k. It reported 16 employees.