Thunderbird Aquatic Club

Analysis

Thunderbird Aquatic Club is a registered charity in United States, based in Anacortes, WA. It received its IRS tax-exemption ruling in June 1978, 48 years ago. 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 August 2023, Thunderbird Aquatic Club reported income of $78k and spending of $55k, leaving 30% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $63k to $78k (+23%), an average of +23% a year. The sharpest change came in the year to August 2023, when income rose by 23%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thunderbird Aquatic Club sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 25th percentile within WA. Charities of a similar size with the same main cause include Chong Wa Education Society ($78k), North Dakota Scottish Rite Childhood Lngge Dsrder Ctr - Fargo ($78k) and Foggy Bottom Association ($78k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 14% and program service revenue 45% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.