Chehalem Valley Aquatics Club Inc

Analysis

Chehalem Valley Aquatics Club Inc is a registered charity in United States, based in Newberg, OR. It received its IRS tax-exemption ruling in November 1998, 28 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, Chehalem Valley Aquatics Club Inc reported income of $264k and spending of $248k, spending 94% of its income. Across the 3 years on record, from August 2022 to August 2024, income grew from $216k to $264k (+22%), an average of +11% a year. The sharpest change came in the year to August 2023, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chehalem Valley Aquatics Club Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OR. Charities of a similar size with the same main cause include Ajm Football and Cheer Inc ($264k), Medina Baseball Federation Inc ($264k) and Allatoona Buccaneer Touchdown Club Inc ($264k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 7.2% and program service revenue 89% of the total. Other salaries and wages came to $140k. At year end it held assets of $72k against liabilities of $0, net assets of $72k. It reported 7 employees.