Las Vegas Swim Club

Analysis

Las Vegas Swim Club is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 2009, 17 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, Las Vegas Swim Club reported income of $420k and spending of $376k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $310k to $420k (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Las Vegas Swim Club sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within NV. Charities of a similar size with the same main cause include Murfreesboro Baseball Association Inc ($419k), Friends of The@eastern Sierra Tri-County Fairgrounds ($420k) and Amateur Athletic Union of the United States Inc ($419k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.