Lake Hiawatha Swim Club Inc

Analysis

Lake Hiawatha Swim Club Inc is a registered charity in United States, based in Lake Hiawatha, NJ. It received its IRS tax-exemption ruling in June 2002, 24 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 December 2023, Lake Hiawatha Swim Club Inc reported income of $186k and spending of $164k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $147k to $186k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Hiawatha Swim Club Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Cross Training Sports Camp Inc ($186k), Coyote Wrestling Club Inc ($186k) and Little League Baseball Inc ($186k).

At year end it held assets of $76k against liabilities of $0, net assets of $76k.