New Hope-Crystal-Plymouth Swim Club Inc

Analysis

New Hope-Crystal-Plymouth Swim Club Inc is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in August 1985, 41 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, New Hope-Crystal-Plymouth Swim Club Inc reported income of $423k and spending of $418k, spending 99% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $272k to $423k (+55%), an average of +16% a year. The sharpest change came in the year to August 2022, when income rose by 67%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hope-Crystal-Plymouth Swim Club Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($423k), Cache Valley Civic Ballet Association ($423k) and NTL Institute for Applied Behavorial Science ($423k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.7% and program service revenue 96% of the total. Other salaries and wages came to $99k. At year end it held assets of $243k against liabilities of $0, net assets of $243k. It reported 17 employees.