Ypsilanti Otters Swim Club

Analysis

Ypsilanti Otters Swim Club is a registered charity in United States, based in Ypsilanti, MI. It received its IRS tax-exemption ruling in October 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, Ypsilanti Otters Swim Club reported income of $62k and spending of $54k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $62k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. 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, Ypsilanti Otters Swim Club sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include Friends of Polar Bears Inc ($62k), Teays Valley Youth Soccer Association ($62k) and Rocky Grove Athletic Booster Club Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.