First Swing Foundation

Analysis

First Swing Foundation is a registered charity in United States, based in Medina, WA. It received its IRS tax-exemption ruling in October 2009, 17 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 (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, First Swing Foundation reported income of $99k and spending of $100k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $99k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 123% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, First Swing Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within WA. Charities of a similar size with the same main cause include Chicagoland Zephyrs Athletic Association ($99k), Victory Athletics ($99k) and Ballston Spa Junior Baseball League Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. At year end it held assets of $357k against liabilities of $140k, net assets of $217k.