Clovis Swim Club

Analysis

Clovis Swim Club is a registered charity in United States, based in Clovis, NM. It received its IRS tax-exemption ruling in April 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 December 2023, Clovis Swim Club reported income of $92k and spending of $80k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $92k (+7.3%), an average of +7.3% 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, Clovis Swim Club sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 30th percentile within NM. Charities of a similar size with the same main cause include Yellowstone Rim Runners ($92k), Michigan Basketball Association ($92k) and Altoona Baseball Recreational League ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $3,376, net assets of $27k.