Crown Point Swim Club Inc

Analysis

Crown Point Swim Club Inc is a registered charity in United States, based in Crown Point, IN. It received its IRS tax-exemption ruling in September 1999, 27 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 December 2023, Crown Point Swim Club Inc reported income of $90k and spending of $131k, spending 146% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $285k to $90k (-68%), an average of -21% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crown Point Swim Club Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IN. Charities of a similar size with the same main cause include Lancaster Football Booster Club ($90k), Empowered Athletics Club ($90k) and Portsmouth City Soccer Club Inc ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $58k (45% of expenses). Other salaries and wages came to $26k. At year end it held assets of $176k against liabilities of $953, net assets of $175k. It reported 8 employees.