Greater Boise Aquatics Foundation Inc

Analysis

Greater Boise Aquatics Foundation Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in November 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, Greater Boise Aquatics Foundation Inc reported income of $764k and spending of $796k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $760k to $764k (+0.4%), an average of +0.2% a year. The sharpest change came in the year to December 2023, when income rose by 230%. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater Boise Aquatics Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within ID. Charities of a similar size with the same main cause include Southern Kentucky Soccer Inc ($763k), Capital Region Youth Tennis Foundation Inc ($765k) and Jackson Hole Youth Soccer ($763k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $66k. At year end it held assets of $5.7m against liabilities of $5.1m, net assets of $566k.