Ridgewood Barracuda Swim Club

Analysis

Ridgewood Barracuda Swim Club is a registered charity in United States, based in Woodbridge, VA. It received its IRS tax-exemption ruling in September 2015, 11 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, Ridgewood Barracuda Swim Club reported income of $52k and spending of $53k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $52k (+6.9%), an average of +6.9% a year. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ridgewood Barracuda Swim Club sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Rocky Bottom Retreats & Conference Center of the Blind ($52k), NBN Sports Academy Inc ($52k) and Rocky Wrestling Booster Club ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.