Swimkins Synchronized Swimming Association Inc

Analysis

Swimkins Synchronized Swimming Association Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in May 2021, 5 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 September 2023, Swimkins Synchronized Swimming Association Inc reported income of $149k and spending of $147k, spending 98% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $134k to $149k (+11%), an average of +11% a year. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Swimkins Synchronized Swimming Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Upper Arlington Aquatics Boosters ($149k), Avaha Inc ($149k) and McHenry Baseball Association NFP ($149k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $26k against liabilities of $2,735, net assets of $23k.