Texas Adaptive Aquatics Inc

Analysis

Texas Adaptive Aquatics Inc is a registered charity in United States, based in Huffman, TX. It received its IRS tax-exemption ruling in December 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Texas Adaptive Aquatics Inc reported income of $113k and spending of $129k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $87k to $113k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Adaptive Aquatics Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Friends of the Handley Library Inc ($113k), Cuidado Casero Foundation ($113k) and Winston Salem Sportsmen Club Inc ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 51% of the total. Other salaries and wages came to $12k. At year end it held assets of $198k against liabilities of $71k, net assets of $127k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.