Swimstrongsville

Analysis

Swimstrongsville is a registered charity in United States, based in Strongsville, OH. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Swimstrongsville reported income of $359k and spending of $341k, spending 95% of its income. Across the 2 years on record, from March 2022 to March 2023, income grew from $345k to $359k (+4.0%), an average of +4.0% a year. 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, Swimstrongsville sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Finger Lakes Wrestling Club Inc ($359k), Josephine Guzman Youth Center ($359k) and Indian River Soccer Club ($359k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $209k (61% of expenses). At year end it held assets of $217k against liabilities of $0, net assets of $217k. It reported 24 employees.