Louisville Dolphins Swim Team

Analysis

Louisville Dolphins Swim Team is a registered charity in United States, based in Louisville, CO. It received its IRS tax-exemption ruling in March 2008, 18 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 December 2023, Louisville Dolphins Swim Team reported income of $114k and spending of $142k, spending 124% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $62k to $114k (+86%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 107%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Louisville Dolphins Swim Team sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include Round Rock High School Baseball Booster Club Inc ($114k), Blue Ridge Fencing Center ($114k) and Furuya Foundation ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 28% of the total. At year end it held assets of $135k against liabilities of $39k, net assets of $96k.