Amherst Aquatic Club

Analysis

Amherst Aquatic Club is a registered charity in United States, based in Amherst, OH. It received its IRS tax-exemption ruling in January 2023, 3 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, Amherst Aquatic Club reported income of $68k and spending of $66k, spending 97% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $9,372 to $68k (+628%), an average of +170% a year. The sharpest change came in the year to December 2022, when income rose by 759%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Amherst Aquatic Club sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Springfield Girls Softball Inc ($68k), Wilsonville Youth Sports Inc ($68k) and Buffalo Girls Basketball Boosters ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.