Port Charlotte Pirates Swim Clubinc

Analysis

Port Charlotte Pirates Swim Clubinc is a registered charity in United States, based in Murdock, FL. It received its IRS tax-exemption ruling in February 2018, 8 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, Port Charlotte Pirates Swim Clubinc reported income of $181k and spending of $198k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $181k (+11%), an average of +11% a year. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Port Charlotte Pirates Swim Clubinc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Blue Mountain Basketball Officials Association ($181k), Mutual Assistance Association for the Ethiopian Community Inc ($181k) and Orange County Junior Golf Inc ($181k).

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 $28k against liabilities of $0, net assets of $28k.