A-V Starfish Swim Club Inc

Analysis

A-V Starfish Swim Club Inc is a registered charity in United States, based in Watervliet, NY. It received its IRS tax-exemption ruling in November 1992, 34 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, A-V Starfish Swim Club Inc reported income of $358k and spending of $359k, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $390k to $358k (-8.3%), an average of -2.1% a year. The sharpest change came in the year to August 2022, when income rose by 66%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A-V Starfish Swim Club Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include United Chapters of Alpha Kappa Delta ($358k), Richard Murphy Memorial Foundation ($358k) and National Church Residences Lafayette of Middletown Oh ($358k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $116k (32% of expenses). Other salaries and wages came to $51k. At year end it held assets of $116k against liabilities of $13k, net assets of $102k. It reported 22 employees.