University Place Aquatic Club 2000

Analysis

University Place Aquatic Club 2000 is a registered charity in United States, based in University Place, WA. It received its IRS tax-exemption ruling in June 2009, 17 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, University Place Aquatic Club 2000 reported income of $282k and spending of $312k, spending 111% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $286k to $282k (-1.6%), an average of -0.8% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, University Place Aquatic Club 2000 sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within WA. Charities of a similar size with the same main cause include Dv8 Soccer Club Inc ($282k), Aquamonsters ($282k) and Pembroke Youth Baseball Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Other salaries and wages came to $145k. At year end it held assets of $95k against liabilities of $2,929, net assets of $92k. It reported 8 employees.