Lakeview Aquatic Club

Analysis

Lakeview Aquatic Club is a registered charity in United States, based in Battle Creek, MI. It received its IRS tax-exemption ruling in October 2017, 9 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 June 2024, Lakeview Aquatic Club reported income of $124k and spending of $120k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $96k to $124k (+30%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lakeview Aquatic Club sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within MI. Charities of a similar size with the same main cause include Back Mountain Youth Soccer Associat ($124k), North Aurora Baseball Association ($124k) and International Mountain Bicycling Association ($124k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 86% of the total. At year end it held assets of $79k against liabilities of $4,474, net assets of $74k.