Fox Valley Swim Team Incorporated

Analysis

Fox Valley Swim Team Incorporated is a registered charity in United States, based in Neenah, WI. It received its IRS tax-exemption ruling in September 1999, 27 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, Fox Valley Swim Team Incorporated reported income of $362k and spending of $351k, spending 97% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $308k to $362k (+17%), an average of +3.3% a year. The sharpest change came in the year to August 2022, when income rose by 79%. 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, Fox Valley Swim Team Incorporated sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within WI. Charities of a similar size with the same main cause include Phelps County Fair ($362k), South Placer Heritage Foundation Inc ($362k) and Dyer Kickers Soccer Club ($362k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 0.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $155k (44% of expenses). At year end it held assets of $58k against liabilities of $15k, net assets of $43k. It reported 24 employees.