Smoky Mountain Swim Team Inc

Analysis

Smoky Mountain Swim Team Inc is a registered charity in United States, based in Waynesville, NC. It received its IRS tax-exemption ruling in May 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Smoky Mountain Swim Team Inc reported income of $102k and spending of $96k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $102k (+49%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Smoky Mountain Swim Team Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include Little League Baseball Inc ($102k), United States Bowling Congress Inc ($102k) and Hudson Volleyball Association ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.