Wildkit Swimming Organization

Analysis

Wildkit Swimming Organization is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1994, 32 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, Wildkit Swimming Organization reported income of $289k and spending of $215k, leaving 25% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $226k to $289k (+28%), an average of +6.3% a year. The sharpest change came in the year to August 2022, when income rose by 255%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wildkit Swimming Organization sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Watertown Youth Soccer Association ($289k), The Lacrosse Club Inc ($289k) and Summit City Sluggers Baseball Inc ($289k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $356k against liabilities of $0, net assets of $356k.