Trident Swim Foundation Inc

Analysis

Trident Swim Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2007, 19 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, Trident Swim Foundation Inc reported income of $203k and spending of $255k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $275k to $203k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Trident Swim Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Sprayberry Touchdown Club Inc ($203k), Friends of the Tubac Presidio and Museum Inc ($203k) and Deltaville Community Association Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $108k (42% of expenses). At year end it held assets of $166k against liabilities of $1,293, net assets of $165k. It reported 5 employees.