Hutchinson Swim Club Inc

Analysis

Hutchinson Swim Club Inc is a registered charity in United States, based in Hutchinson, MN. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 March 2024, Hutchinson Swim Club Inc reported income of $123k and spending of $118k, spending 96% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $124k to $123k (-1.1%), an average of -0.3% a year. The sharpest change came in the year to March 2021, when income dropped by 41%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hutchinson Swim Club Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include Taproots Camp Walden ($123k), Police Athletic League of Niagara Falls N Y Inc ($123k) and Monessen Communities That Care ($123k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 3.9% and program service revenue 81% of the total. Other salaries and wages came to $59k. At year end it held assets of $81k against liabilities of $8,736, net assets of $72k. It reported 18 employees.