Rosen Aquatic and Fitness Center Inc
Analysis
Rosen Aquatic and Fitness Center Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 2021, 5 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, Rosen Aquatic and Fitness Center Inc reported income of $2.3m and spending of $2.2m, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.3m to $2.3m (+75%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 97% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rosen Aquatic and Fitness Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Colorado Thunderbirds Aaa Hockey Association Inc ($2.3m), Gcl&fa Inc ($2.3m) and Chicago Jets Hockey Club Inc ($2.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Other salaries and wages came to $847k. At year end it held assets of $338k against liabilities of $176k, net assets of $163k. It reported 70 employees.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 66%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Colorado Thunderbirds Aaa Hockey Association Inc | Morrison | $2.3m |
| Gcl&fa Inc | Lawrenceville | $2.3m |
| Chicago Jets Hockey Club Inc | Chicago | $2.3m |
| Tredyffrin-Easttown Youth Soccer Association Inc | Devon | $2.3m |