Portage Porpoise Swim Club Inc

Analysis

Portage Porpoise Swim Club Inc is a registered charity in United States, based in Portage, IN. It received its IRS tax-exemption ruling in December 1997, 29 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, Portage Porpoise Swim Club Inc reported income of $66k and spending of $64k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $66k (-5.2%), an average of -5.2% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Portage Porpoise Swim Club Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IN. Charities of a similar size with the same main cause include Newburyport Boys Basketball Association ($66k), Bartlesville Sports Commission ($66k) and The Aberdeen Aqua Addicts Ski Team ($66k).

At year end it held assets of $24k against liabilities of $0, net assets of $24k.