Badger Swim Club Inc

Analysis

Badger Swim Club Inc is a registered charity in United States, based in Larchmont, NY. It received its IRS tax-exemption ruling in October 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Badger Swim Club Inc reported income of $703k and spending of $712k, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $659k to $703k (+6.7%), an average of +1.6% a year. The sharpest change came in the year to August 2022, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Badger Swim Club Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Washington Junior Golf Association ($703k), Katy Football Association Inc ($703k) and Nuckolls County Foundation Inc ($702k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $134k (19% of expenses). Other salaries and wages came to $222k. At year end it held assets of $365k against liabilities of $478k, net assets of -$114k. It reported 9 employees.