Elizabethtown Swim Team Inc

Analysis

Elizabethtown Swim Team Inc is a registered charity in United States, based in Elizabethtown, KY. It received its IRS tax-exemption ruling in October 1981, 45 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 October 2023, Elizabethtown Swim Team Inc reported income of $232k and spending of $223k, spending 96% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $224k to $232k (+3.5%), an average of +0.9% a year. The sharpest change came in the year to October 2021, when income rose by 84%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Elizabethtown Swim Team Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within KY. Charities of a similar size with the same main cause include Sunflower State Games Inc ($231k), GND Development Alliance ($232k) and Tiger Aquatics Boosters Club ($231k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 5.4% and program service revenue 95% of the total. Other salaries and wages came to $94k. At year end it held assets of $118k against liabilities of $512, net assets of $118k. It reported 4 employees.