Denver Triton Swim Team

Analysis

Denver Triton Swim Team is a registered charity in United States, based in Salida, CO. It received its IRS tax-exemption ruling in June 2010, 16 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, Denver Triton Swim Team reported income of $190k and spending of $195k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $3.7m to $190k (-95%), an average of -95% a year. The sharpest change came in the year to December 2023, when income dropped by 95%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Denver Triton Swim Team sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within CO. Charities of a similar size with the same main cause include Casper Legion Baseball Club Inc ($190k), Rio Salado Rowing Club Inc ($190k) and Little League Baseball Inc ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6,141 against liabilities of $0, net assets of $6,141.