Red Wing Uss Swim Club

Analysis

Red Wing Uss Swim Club is a registered charity in United States, based in Red Wing, MN. It received its IRS tax-exemption ruling in December 1994, 32 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, Red Wing Uss Swim Club reported income of $104k and spending of $107k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $104k (+0.1%), an average of +0.1% a year. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Red Wing Uss Swim Club sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include America Fiji Sports Commission - Afsc ($104k), KC Roller Warriors Inc ($104k) and Victory Sports Global Outreach Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 3.5% of the total. At year end it held assets of $109k against liabilities of $1,260, net assets of $108k.