Star Swimming Inc

Analysis

Star Swimming Inc is a registered charity in United States, based in Hamburg, NY. It received its IRS tax-exemption ruling in August 1990, 36 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 August 2023, Star Swimming Inc reported income of $543k and spending of $470k, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $443k to $543k (+23%), an average of +5.2% a year. The sharpest change came in the year to August 2020, when income dropped by 36%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Star Swimming Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include LA Crescent Area Healthy Community Partnership ($543k), Maryland Legends Inc ($543k) and Dayton Classics Baseball Club Inc ($543k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. Other salaries and wages came to $236k. At year end it held assets of $203k against liabilities of $0, net assets of $203k. It reported 27 employees.