Rockford Marlins Swim Club

Analysis

Rockford Marlins Swim Club is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in October 1978, 48 years ago. 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 2024, Rockford Marlins Swim Club reported income of $102k and spending of $95k, spending 93% of its income. Across the 2 years on record, from August 2023 to August 2024, income fell from $122k to $102k (-16%), an average of -16% a year. The sharpest change came in the year to August 2024, when income dropped by 16%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rockford Marlins Swim Club sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Wellesley Symphony Orchestra Inc ($102k), PTA California Congress of Parents Teachers & Students Inc ($102k) and The Peters Township Library Foundation ($102k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 43% and program service revenue 46% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.