Mercury Swimming Inc

Analysis

Mercury Swimming Inc is a registered charity in United States, based in Livonia, NY. It received its IRS tax-exemption ruling in June 2011, 15 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, Mercury Swimming Inc reported income of $61k and spending of $53k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $61k (-13%), an average of -13% a year. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mercury Swimming Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Saranac Lake Pee Wee Hockey Assoc Inc ($61k), Mirage Blue Line Club Inc ($61k) and Zephyr Hockey Booster Club ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 90% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.