League City Swim Team

Analysis

League City Swim Team is a registered charity in United States, based in League City, TX. It received its IRS tax-exemption ruling in November 2007, 19 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, League City Swim Team reported income of $67k and spending of $59k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $67k (+7.4%), an average of +7.4% a year. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, League City Swim Team sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Jefferson Youth Football League Inc ($67k), Boiling Springs Midget Football Corporation ($67k) and First Touch Soccer Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.7% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.