Palos Orland Swim Association

Analysis

Palos Orland Swim Association is a registered charity in United States, based in Orland Park, IL. It received its IRS tax-exemption ruling in April 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 March 2024, Palos Orland Swim Association reported income of $103k and spending of $101k, spending 98% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $175k to $103k (-41%), an average of -12% a year. The sharpest change came in the year to March 2022, when income rose by 548%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Palos Orland Swim Association sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include American Breweriana Association ($103k), Long Valley Raiders Football Assoc ($103k) and PTA California Congress of Parents Teachers & Students Inc ($103k).

On its Form 990-EZ for the period ending March 2024, revenue came from program service revenue 90% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.