Three Village Swim Club Inc

Analysis

Three Village Swim Club Inc is a registered charity in United States, based in East Setauket, NY. It received its IRS tax-exemption ruling in June 2015, 11 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 August 2023, Three Village Swim Club Inc reported income of $855k and spending of $844k, spending 99% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $672k to $855k (+27%), an average of +8.4% a year. The sharpest change came in the year to August 2022, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Three Village Swim Club Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Greater Akron Fore Youth Devlpt Inc ($855k), Dressage at Devon ($855k) and Gainesville Soccer Alliance Inc ($854k).

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 $334k against liabilities of $172k, net assets of $163k.