Webster Swim Association Inc

Analysis

Webster Swim Association Inc is a registered charity in United States, based in Webster, NY. 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 August 2023, Webster Swim Association Inc reported income of $380k and spending of $366k, spending 96% of its income. Across the 6 years on record, from June 2019 to August 2023, income grew from $205k to $380k (+86%), an average of +13% a year. The sharpest change came in the year to August 2021, when income rose by 6090%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Webster Swim Association Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Conway Juniors Volleyball Club ($380k), Swim New Orleans ($380k) and Delray Tennis Outreach Inc ($380k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 51% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $63k (17% of expenses). Other salaries and wages came to $104k. At year end it held assets of $254k against liabilities of $128k, net assets of $126k. It reported 21 employees.