Steele City Aquatics

Analysis

Steele City Aquatics is a registered charity in United States, based in Moon TWP, PA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. 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, Steele City Aquatics reported income of $455k and spending of $467k, spending 103% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $309k to $455k (+47%), an average of +14% a year. The sharpest change came in the year to August 2021, when income rose by 30%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Steele City Aquatics sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Focolare Media Inc ($455k), Food Pantry Lax ($455k) and South County Youth Association Incorporated ($455k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 59% and program service revenue 28% of the total. Other salaries and wages came to $308k. At year end it held assets of $374k against liabilities of $0, net assets of $374k.