Seacoast Swim Club

Analysis

Seacoast Swim Club is a registered charity in United States, based in Cumberland, ME. It received its IRS tax-exemption ruling in January 2006, 20 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 April 2023, Seacoast Swim Club reported income of $95k and spending of $86k, spending 90% of its income. Across the 2 years on record, from April 2022 to April 2023, income grew from $91k to $95k (+4.1%), an average of +4.1% a year. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Seacoast Swim Club sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 29th percentile within ME. Charities of a similar size with the same main cause include Mad Rollin Dolls Inc ($95k), Elk River Wrestling Booster Club ($95k) and Barrington Lacrosse Club ($95k).

At year end it held assets of $122k against liabilities of $0, net assets of $122k.