Longview Metro Aquatics

Analysis

Longview Metro Aquatics is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in June 2018, 8 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, Longview Metro Aquatics reported income of $120k and spending of $115k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $157k to $120k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Longview Metro Aquatics sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Fresno Volleyball Club ($120k), Magnolia Soccer Club ($120k) and Little League Baseball Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.