Golden West Swim Club Support Group

Analysis

Golden West Swim Club Support Group is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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 August 2023, Golden West Swim Club Support Group reported income of $477k and spending of $753k, spending 158% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $665k to $477k (-28%), an average of -8.0% a year. The sharpest change came in the year to August 2023, when income dropped by 46%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Golden West Swim Club Support Group sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Saint Amelia Education Guild ($477k), Tappahannock Essex Volunteer Fire Department Inc ($477k) and AFC Community Development Corporation ($477k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.2% and program service revenue 95% of the total. Other salaries and wages came to $402k. At year end it held assets of $231k against liabilities of $24k, net assets of $207k. It reported 16 employees.