Homewood Flossmoor Swim Club Inc

Analysis

Homewood Flossmoor Swim Club Inc is a registered charity in United States, based in Flossmoor, IL. It received its IRS tax-exemption ruling in October 1993, 33 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 2024, Homewood Flossmoor Swim Club Inc reported income of $111k and spending of $118k, spending 106% of what it took in. Across the 2 years on record, from August 2023 to August 2024, income fell from $119k to $111k (-6.5%), an average of -6.5% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Homewood Flossmoor Swim Club Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within IL. Charities of a similar size with the same main cause include Camp Blodgetts Babies Welfare Guild ($111k), Fraser Valley Hockey Association ($111k) and Pittsburgh Youth Lacrosse Association ($111k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $2,690 against liabilities of $2,988, net assets of -$298.