Carson Swim Club

Analysis

Carson Swim Club is a registered charity in United States, based in Carson City, NV. It received its IRS tax-exemption ruling in November 1970, 56 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 August 2023, Carson Swim Club reported income of $183k and spending of $180k, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $215k to $183k (-15%), an average of -4.0% a year. The sharpest change came in the year to August 2022, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carson Swim Club sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within NV. Charities of a similar size with the same main cause include New York State Council on Divorce Mediation Inc ($183k), Moodies Childrens Hours School ($183k) and T L I Housing Opportunities Inc ($183k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.3% and program service revenue 92% of the total. Other salaries and wages came to $108k. At year end it held assets of $182k against liabilities of $0, net assets of $182k. It reported 13 employees.