Neumann Catholic Swim League Inc

Analysis

Neumann Catholic Swim League Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in September 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 May 2024, Neumann Catholic Swim League Inc reported income of $91k and spending of $80k, spending 88% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $90k to $91k (+0.5%), an average of +0.5% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Neumann Catholic Swim League Inc 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 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Baraboo Thunder Girls Softball Association ($91k), Little League Baseball Inc ($91k) and Steel Valley Youth Baseball Association ($91k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 17% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.