Munster Community Swim Asociation Inc

Analysis

Munster Community Swim Asociation Inc is a registered charity in United States, based in Munster, IN. It received its IRS tax-exemption ruling in July 1984, 42 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 March 2024, Munster Community Swim Asociation Inc reported income of $398k and spending of $393k, spending 99% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $337k to $398k (+18%), an average of +3.4% a year. The sharpest change came in the year to March 2022, when income rose by 92%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Munster Community Swim Asociation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Kalamazoo County Parks and Recreation Development Foundation ($398k), Friends of the Ifl Inc ($398k) and Southampton Soccer Club Limited ($398k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 60% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $79k (20% of expenses). Other salaries and wages came to $92k. At year end it held assets of $193k against liabilities of $4,085, net assets of $189k. It reported 14 employees.