Zionsville Swim Club Inc

Analysis

Zionsville Swim Club Inc is a registered charity in United States, based in Zionsville, IN. It received its IRS tax-exemption ruling in February 2014, 12 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 September 2023, Zionsville Swim Club Inc reported income of $633k and spending of $603k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $295k to $633k (+115%), an average of +21% a year. The sharpest change came in the year to September 2021, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Zionsville Swim Club Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include 2xsalt Inc ($632k), KC Blaze Inc ($633k) and Bethesda Community Base Ball Club ($631k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.3% and program service revenue 96% of the total. Other salaries and wages came to $203k. At year end it held assets of $249k against liabilities of $466, net assets of $249k. It reported 17 employees.