West Coast Aquatics

Analysis

West Coast Aquatics is a registered charity in United States, based in Mill Creek, WA. It received its IRS tax-exemption ruling in July 1986, 40 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 August 2023, West Coast Aquatics reported income of $1.5m and spending of $1.2m, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $989k to $1.5m (+49%), an average of +11% a year. The sharpest change came in the year to August 2023, when income rose by 33%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, West Coast Aquatics sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include Macon Georgia Cherry Blossom Festival Inc ($1.5m), Napa Youth Soccer League Inc ($1.5m) and Cycle Effect ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $346k (28% of expenses). At year end it held assets of $1.1m against liabilities of $242k, net assets of $897k. It reported 53 employees.