Blue Tide Aquatics 081894

Analysis

Blue Tide Aquatics 081894 is a registered charity in United States, based in Kingwood, TX. It received its IRS tax-exemption ruling in February 1997, 29 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, Blue Tide Aquatics 081894 reported income of $865k and spending of $838k, spending 97% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $452k to $865k (+91%), an average of +18% a year. The sharpest change came in the year to August 2021, when income rose by 60%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Blue Tide Aquatics 081894 sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Aim High Academy Inc ($863k), Blazing Hearts ($865k) and Chicagoland United Soccer Club NFP ($863k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 1.7% and program service revenue 96% of the total. Other salaries and wages came to $376k. At year end it held assets of $182k against liabilities of $23k, net assets of $159k. It reported 37 employees.