Windsor Water Rats Express Swim Team

Analysis

Windsor Water Rats Express Swim Team is a registered charity in United States, based in Windsor, CT. It received its IRS tax-exemption ruling in April 2021, 5 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, Windsor Water Rats Express Swim Team reported income of $93k and spending of $81k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $93k (+1.4%), an average of +1.4% a year. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Windsor Water Rats Express Swim Team sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within CT. Charities of a similar size with the same main cause include Centeral Jersey Girls Softball League Inc ($93k), Long Valley Basketball Association Inc ($93k) and Syracuse Spartans Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.