Fairport Swimming Inc

Analysis

Fairport Swimming Inc is a registered charity in United States, based in Fairport, NY. It received its IRS tax-exemption ruling in March 2008, 18 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, Fairport Swimming Inc reported income of $409k and spending of $397k, spending 97% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $298k to $409k (+37%), an average of +6.5% a year. The sharpest change came in the year to August 2022, when income rose by 32%. 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, Fairport Swimming Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Ranson Parks and Recreation Commission Inc ($409k), Standing Boy Inc ($409k) and Willow Spring Storm Club ($409k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $193k. At year end it held assets of $65k against liabilities of $687, net assets of $65k. It reported 47 employees.