Dads Club Aquatic Center Inc

Analysis

Dads Club Aquatic Center Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 1992, 34 years ago. 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, Dads Club Aquatic Center Inc reported income of $2.8m and spending of $2.2m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.8m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dads Club Aquatic Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Visiting Nurse Association of Franklin ($2.8m), Morningside Academy ($2.8m) and Wesley Community Development Corporation ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 88% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $9.6m against liabilities of $2.6m, net assets of $7.0m. It reported 72 employees.