Utica Shelby Swim Club

Analysis

Utica Shelby Swim Club is a registered charity in United States, based in Shelby TWP, MI. It received its IRS tax-exemption ruling in July 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 August 2023, Utica Shelby Swim Club reported income of $679k and spending of $730k, spending 107% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $526k to $679k (+29%), an average of +6.6% a year. The sharpest change came in the year to August 2022, when income rose by 56%. 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, Utica Shelby Swim Club sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Northridge Baseball Association ($679k), Middlesex County Fair Association Inc ($679k) and Goshen Agricultural Society Inc ($679k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 5.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $20k (2.8% of expenses). Other salaries and wages came to $292k. At year end it held assets of $587k against liabilities of $31k, net assets of $556k. It reported 16 employees.