Mount Pleasant Swim Club Parentsassociation

Analysis

Mount Pleasant Swim Club Parentsassociation is a registered charity in United States, based in Mt Pleasant, SC. 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 August 2024, Mount Pleasant Swim Club Parentsassociation reported income of $623k and spending of $669k, spending 108% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income grew from $614k to $623k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to August 2021, when income rose by 117%. 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, Mount Pleasant Swim Club Parentsassociation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within SC. Charities of a similar size with the same main cause include Portland Youth Soccer Association ($622k), Friends of Central Pool Inc ($623k) and Womens Hockey East Association ($622k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 55% and program service revenue 39% of the total. Other salaries and wages came to $255k. At year end it held assets of $190k against liabilities of $2,831, net assets of $187k. It reported 12 employees.