Brownsburg Swim Club Incorporated

Analysis

Brownsburg Swim Club Incorporated is a registered charity in United States, based in Brownsburg, IN. It received its IRS tax-exemption ruling in May 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Brownsburg Swim Club Incorporated reported income of $304k and spending of $362k, spending 119% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income fell from $378k to $304k (-19%), an average of -4.2% a year. The sharpest change came in the year to August 2024, when income dropped by 35%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brownsburg Swim Club Incorporated sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Westminster Biblical Missions ($304k), Good Shepherd Corporation Atlanta Georgia ($304k) and American Society of Civil Engineers ($304k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 0.9% and program service revenue 91% of the total. Other salaries and wages came to $161k. At year end it held assets of $14k against liabilities of $3,276, net assets of $11k. It reported 18 employees.