Monona Swim Club Inc

Analysis

Monona Swim Club Inc is a registered charity in United States, based in Monona, WI. It received its IRS tax-exemption ruling in February 2002, 24 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 December 2023, Monona Swim Club Inc reported income of $88k and spending of $102k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $88k (+9.7%), an average of +9.7% a year. Over the whole period it spent 113% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Monona Swim Club Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within WI. Charities of a similar size with the same main cause include Maine Coast Skaters Association ($88k), National Association of Park District Foundations ($88k) and CCSL Incorporated ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.5% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.