Seneca Valley Swim Club

Analysis

Seneca Valley Swim Club is a registered charity in United States, based in Zelienople, PA. It received its IRS tax-exemption ruling in February 2014, 12 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 August 2023, Seneca Valley Swim Club reported income of $230k and spending of $228k, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $205k to $230k (+12%), an average of +2.9% a year. The sharpest change came in the year to August 2022, when income rose by 43%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Seneca Valley Swim Club sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Dive Lab ($230k), Warrior Alumni Athletic Foundation Inc ($230k) and Poway Wrestling Foundation ($230k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 61% and program service revenue 37% of the total. Other salaries and wages came to $93k. At year end it held assets of $366k against liabilities of $0, net assets of $366k. It reported 5 employees.