Kodiak Kingfishers Swim Club Inc

Analysis

Kodiak Kingfishers Swim Club Inc is a registered charity in United States, based in Kodiak, AK. It received its IRS tax-exemption ruling in March 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, Kodiak Kingfishers Swim Club Inc reported income of $76k and spending of $61k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $76k (-4.4%), an average of -4.4% a year. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kodiak Kingfishers Swim Club Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 25th percentile within AK. Charities of a similar size with the same main cause include South Park Youth Football ($76k), Gladiators Baseball Inc ($76k) and Little League Baseball Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 17% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.