Glacier Aquatic Club
Analysis
Glacier Aquatic Club is a registered charity in United States, based in Kalispell, MT. It received its IRS tax-exemption ruling in September 1994, 32 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 December 2023, Glacier Aquatic Club reported income of $109k and spending of $114k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $109k (+5.7%), an average of +5.7% a year. Over the whole period it spent 98% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Glacier Aquatic Club sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MT. Charities of a similar size with the same main cause include Obx Wave Girls Volleyball Club ($109k), Morgantown High School Athletic Boosters Inc ($109k) and City of Lakes Youth Hockey Assn ($109k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 8.7% of the total. At year end it held assets of $93k against liabilities of $4,327, net assets of $89k.
Income and spending
Where the income comes from
- Contributions & grants 10%
- Program services 8.7%
- Other 81%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Obx Wave Girls Volleyball Club | Kill Devil HL | $109k |
| Morgantown High School Athletic Boosters Inc | Morgantown | $109k |
| City of Lakes Youth Hockey Assn | Minneapolis | $109k |
| Great Mills Aquatic Club Inc | Great Mills | $109k |