West Islip Swim Club Inc

Analysis

West Islip Swim Club Inc is a registered charity in United States, based in West Islip, NY. It received its IRS tax-exemption ruling in December 1993, 33 years ago. 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 2023, West Islip Swim Club Inc reported income of $160k and spending of $168k, spending 105% of its income. Across the 4 years on record, from August 2020 to August 2023, income fell from $186k to $160k (-14%), an average of -4.8% a year. The sharpest change came in the year to August 2022, when income rose by 77%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Islip Swim Club Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Missouri Association of Community Arts Agencies ($160k), Little League Baseball Inc ($160k) and Phoenix School for Creative Learning Inc ($160k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $201k against liabilities of $1,000, net assets of $200k.