Alamo Area Aquatic Association

Analysis

Alamo Area Aquatic Association is a registered charity in United States, based in Shavano Park, TX. It received its IRS tax-exemption ruling in April 2003, 23 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 August 2024, Alamo Area Aquatic Association reported income of $171k and spending of $203k, spending 119% of what it took in. Across the 3 years on record, from August 2022 to August 2024, income grew from $53k to $171k (+223%), an average of +80% a year. The sharpest change came in the year to August 2023, when income rose by 148%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Alamo Area Aquatic Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Benefit for the Basin ($171k), Football Club of Bowie Ltd ($171k) and Rocky Mountain Lacrosse Academy ($171k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.