Southside Swimming Tsunami Inc

Analysis

Southside Swimming Tsunami Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 2009, 17 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, Southside Swimming Tsunami Inc reported income of $129k and spending of $130k, spending 101% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $130k to $129k (-0.7%), an average of -0.7% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southside Swimming Tsunami Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within IN. Charities of a similar size with the same main cause include Nantucket Student Lacrosse ($129k), Johnny Carson Comedy Festival Inc ($129k) and United States Bowling Congress Inc ($129k).

At year end it held assets of $43k against liabilities of $0, net assets of $43k.