Ub Amherst Swimming Inc

Analysis

Ub Amherst Swimming Inc is a registered charity in United States, based in Getzville, NY. It received its IRS tax-exemption ruling in October 1997, 29 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, Ub Amherst Swimming Inc reported income of $379k and spending of $351k, spending 93% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $118k to $379k (+221%), an average of +48% a year. The sharpest change came in the year to August 2021, when income rose by 130%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ub Amherst Swimming Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Slippery Rock Area Parks & Recreation ($379k), Friends of Knox Farm State Park Inc ($379k) and Dallas Figure Skating Club Inc ($379k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.9% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $117k (33% of expenses). At year end it held assets of $151k against liabilities of $0, net assets of $151k. It reported 13 employees.