Grosse Pointe Gators Swim Club Inc

Analysis

Grosse Pointe Gators Swim Club Inc is a registered charity in United States, based in Grosse Pointe Park, MI. It received its IRS tax-exemption ruling in June 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 July 2024, Grosse Pointe Gators Swim Club Inc reported income of $413k and spending of $440k, spending 107% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $408k to $413k (+1.1%), an average of +0.2% a year. The sharpest change came in the year to July 2022, when income rose by 83%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grosse Pointe Gators Swim Club Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Fond du Lac Soccer Assn Inc ($413k), Yucaipa Equestrian Arena Committee ($413k) and Plymouth Youth Hockey Inc ($413k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Other salaries and wages came to $220k. At year end it held assets of $293k against liabilities of $8,167, net assets of $284k. It reported 12 employees.