Golden Marlins Swim Team

Analysis

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

In the financial year ending August 2024, Golden Marlins Swim Team reported income of $80k and spending of $107k, spending 133% of what it took in. Across the 3 years on record, from August 2022 to August 2024, income grew from $66k to $80k (+22%), an average of +11% a year. The sharpest change came in the year to August 2023, when income rose by 32%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Golden Marlins Swim Team sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within CO. Charities of a similar size with the same main cause include Timberland Hockey Association ($80k), Whitman Youth Football and Cheerleading Inc ($80k) and Wood River Baseball & Softball Association Inc ($80k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 0.8% and program service revenue 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.