Austin Angelfish Synchronized Swimming

Analysis

Austin Angelfish Synchronized Swimming is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2010, 16 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, Austin Angelfish Synchronized Swimming reported income of $162k and spending of $148k, spending 91% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $159k to $162k (+1.5%), an average of +1.5% a year. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Austin Angelfish Synchronized Swimming sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Niceville Amateur Youth Baseball Inc ($161k), Valparaiso Pop Warner Football Association Inc ($162k) and Wilsonville Wildcat Fastpitch ($161k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 3.3% and program service revenue 17% of the total. At year end it held assets of $56k against liabilities of $14k, net assets of $41k.