Tualatin Hills Swim Club

Analysis

Tualatin Hills Swim Club is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Tualatin Hills Swim Club reported income of $1.1m and spending of $1.0m, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $903k to $1.1m (+25%), an average of +5.7% a year. The sharpest change came in the year to August 2020, when income dropped by 24%. 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, Tualatin Hills Swim Club sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OR. Charities of a similar size with the same main cause include My Life Matters Inc ($1.1m), Los Angeles Police Memorial ($1.1m) and Double Edge Theatre Productions Incorporated ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $101k (9.9% of expenses). Other salaries and wages came to $237k. At year end it held assets of $366k against liabilities of $2,438, net assets of $364k. It reported 9 employees.