St Charles Aquatics

Analysis

St Charles Aquatics is a registered charity in United States, based in Saint Charles, IL. It received its IRS tax-exemption ruling in May 2018, 8 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, St Charles Aquatics reported income of $1.1m and spending of $949k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $928k to $1.1m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Charles Aquatics sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Project Learn of Summit County ($1.1m), St Nersess Armenian Seminary Inc ($1.1m) and Central Clinic Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% and program service revenue 89% of the total. Other salaries and wages came to $486k. At year end it held assets of $456k against liabilities of $268, net assets of $456k. It reported 66 employees.