Hornet Age Group Swim Club
Analysis
Hornet Age Group Swim Club is a registered charity in United States, based in Westmont, IL. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hornet Age Group Swim Club reported income of $646k and spending of $604k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $646k (+91%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Hornet Age Group Swim Club sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Minnesota West Foundation ($646k), Montessori Childrens House of York Inc ($646k) and Redwood Memorial Foundation ($646k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Other salaries and wages came to $245k. At year end it held assets of $230k against liabilities of $0, net assets of $230k. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.3%
- Program services 98%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Minnesota West Foundation | Canby | $646k |
| Montessori Childrens House of York Inc | York | $646k |
| Redwood Memorial Foundation | Eureka | $646k |
| Repair the Breach Ministries | Cleveland | $646k |