Chinook Aquatic Club

Analysis

Chinook Aquatic Club is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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 September 2023, Chinook Aquatic Club reported income of $398k and spending of $494k, spending 124% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $442k to $398k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to September 2022, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chinook Aquatic Club sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Committee for Hancock County Senior Citizens Inc ($398k), LA Casita Bilingue Montessori School ($398k) and Crossroads of Pella ($398k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 8.0% and program service revenue 93% of the total. Other salaries and wages came to $156k. At year end it held assets of $344k against liabilities of $25k, net assets of $320k. It reported 7 employees.