Maggie Fischer Memorial Great South Bay Swim Inc

Analysis

Maggie Fischer Memorial Great South Bay Swim Inc is a registered charity in United States, based in Brightwaters, NY. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Maggie Fischer Memorial Great South Bay Swim Inc reported income of $155k and spending of $152k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $136k to $155k (+13%), an average of +13% a year. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Maggie Fischer Memorial Great South Bay Swim Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include U S D 431 Education Foundation ($154k), Nevada Joint Union High School District Foundation ($155k) and Lafayette Christian School Foundation Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,031 against liabilities of $0, net assets of $9,031.