Lincoln Way Swim Association

Analysis

Lincoln Way Swim Association is a registered charity in United States, based in New Lenox, IL. It received its IRS tax-exemption ruling in May 2003, 23 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, Lincoln Way Swim Association reported income of $596k and spending of $512k, spending 86% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $243k to $596k (+145%), an average of +25% a year. The sharpest change came in the year to August 2021, when income rose by 83%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lincoln Way Swim Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Sandy Springs Youth Sports Inc ($596k), Germantown Baseball League Inc ($596k) and Pioneer Ministires Inc ($595k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 96% of the total. Other salaries and wages came to $225k. At year end it held assets of $333k against liabilities of $0, net assets of $333k. It reported 22 employees.