Stockton Seahawks Swim Club Inc

Analysis

Stockton Seahawks Swim Club Inc is a registered charity in United States, based in Egg HBR TWP, NJ. It received its IRS tax-exemption ruling in December 1986, 40 years ago. 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, Stockton Seahawks Swim Club Inc reported income of $354k and spending of $331k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $274k to $354k (+29%), an average of +8.9% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stockton Seahawks Swim Club Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Yellowstone County 4-H Council ($354k), Village of Progress Foundation Inc ($354k) and International Aerobatic Club Inc ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $78k (23% of expenses). Other salaries and wages came to $92k. At year end it held assets of $125k against liabilities of $88k, net assets of $38k. It reported 9 employees.