Northridge Area Swimming Association

Analysis

Northridge Area Swimming Association is a registered charity in United States, based in Middlebury, IN. It received its IRS tax-exemption ruling in July 2006, 20 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 August 2023, Northridge Area Swimming Association reported income of $150k and spending of $169k, spending 113% of what it took in. Across the 4 years on record, from August 2019 to August 2023, income fell from $244k to $150k (-39%), an average of -15% a year. The sharpest change came in the year to August 2022, when income dropped by 20%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northridge Area Swimming Association sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within IN. Charities of a similar size with the same main cause include Buffalo Baseball Association of Buffalo Inc ($150k), Fountain Valley Girls Fastpitch Sof Tball ($150k) and Colorado Nationals Volleyball Club ($150k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 13% and program service revenue 50% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.