Hudson Area Swim Association Inc

Analysis

Hudson Area Swim Association Inc is a registered charity in United States, based in Hudson, WI. It received its IRS tax-exemption ruling in March 1990, 36 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 2023, Hudson Area Swim Association Inc reported income of $209k and spending of $182k, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $298k to $209k (-30%), an average of -8.5% a year. The sharpest change came in the year to August 2020, when income dropped by 30%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hudson Area Swim Association Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within WI. Charities of a similar size with the same main cause include Wildlife Inc ($209k), Dinosaur Hill Nature Preserve Inc ($209k) and Danebo Inc ($209k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $84k. At year end it held assets of $33k against liabilities of $0, net assets of $33k. It reported 7 employees.