North Suburban Instructional Aquatics Inc

Analysis

North Suburban Instructional Aquatics Inc is a registered charity in United States, based in North Oaks, MN. It received its IRS tax-exemption ruling in October 2003, 23 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 2024, North Suburban Instructional Aquatics Inc reported income of $483k and spending of $383k, leaving 21% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $321k to $483k (+51%), an average of +8.6% a year. The sharpest change came in the year to August 2024, when income rose by 48%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Suburban Instructional Aquatics Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MN. Charities of a similar size with the same main cause include Greater Greenville Hockey Association ($483k), Holy Name Hockey Association Inc ($483k) and Virginia Brown Community Orthodonti Orthodontic Partnership ($483k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 15% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $86k (23% of expenses). Other salaries and wages came to $86k. At year end it held assets of $234k against liabilities of $9,370, net assets of $225k.