Dewitt Area Swim Team

Analysis

Dewitt Area Swim Team is a registered charity in United States, based in Dewitt, MI. It received its IRS tax-exemption ruling in August 2013, 13 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, Dewitt Area Swim Team reported income of $383k and spending of $319k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $320k to $383k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dewitt Area Swim Team sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include United States Dragon Boat Federation ($383k), Outer Banks Sporting Events Inc ($383k) and Masconomet Youth Hockey Association Inc ($383k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $167k. At year end it held assets of $494k against liabilities of $801, net assets of $493k. It reported 36 employees.