Highlands Ranch Aquatics Club Inc
Analysis
Highlands Ranch Aquatics Club Inc is a registered charity in United States, based in HGHLNDS Ranch, CO. It received its IRS tax-exemption ruling in January 1999, 27 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Highlands Ranch Aquatics Club Inc reported income of $1.2m and spending of $1.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $651k to $1.2m (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 34%. 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, Highlands Ranch Aquatics Club Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Bridgerland Community Ice Arena ($1.2m), Cape Cod Baseball League Inc ($1.2m) and Wayforward Adventures Inc ($1.2m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $98k (8.3% of expenses). Other salaries and wages came to $312k. At year end it held assets of $295k against liabilities of $17k, net assets of $277k. It reported 25 employees.
Income and spending
Where the income comes from
- Program services 96%
- Other 3.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bridgerland Community Ice Arena | North Logan | $1.2m |
| Cape Cod Baseball League Inc | Cotuit | $1.2m |
| Wayforward Adventures Inc | Del Norte | $1.2m |
| Ballwin Athletic Association | Ballwin | $1.2m |