Pleasant Valley Swim Club

Analysis

Pleasant Valley Swim Club is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in January 1972, 54 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, Pleasant Valley Swim Club reported income of $272k and spending of $241k, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $290k to $272k (-6.4%), an average of -1.6% a year. The sharpest change came in the year to August 2022, when income rose by 110%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pleasant Valley Swim Club sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Bowen Foundation Inc ($272k), American Institute for Voice & Ear Research ($272k) and T C Roberson Rams Club Inc ($272k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Other salaries and wages came to $75k. It paid $850 in professional fundraising fees. At year end it held assets of $72k against liabilities of $0, net assets of $72k. It reported 7 employees.