Nile Swim Club of Yeadon

Analysis

Nile Swim Club of Yeadon is a registered charity in United States, based in Lansdowne, PA. It received its IRS tax-exemption ruling in October 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 December 2023, Nile Swim Club of Yeadon reported income of $423k and spending of $490k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $423k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nile Swim Club of Yeadon sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Wheelchair Sports Federation Inc ($423k), JDS Center of Hope Inc ($423k) and Horses 4 Heroes Inc ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Other salaries and wages came to $163k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 52 employees.