Five Star Swim Club

Analysis

Five Star Swim Club is a registered charity in United States, based in Lititz, PA. It received its IRS tax-exemption ruling in February 2008, 18 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 June 2024, Five Star Swim Club reported income of $194k and spending of $189k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $195k to $194k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Five Star Swim Club sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Idaho Falls Youth Hockey Association Inc ($194k), Paramount Gpo Inc ($194k) and Fairways to Leadership Inc ($194k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.9% and program service revenue 94% of the total. Other salaries and wages came to $69k. At year end it held assets of $45k against liabilities of $2,979, net assets of $42k. It reported 14 employees.