Alexandria USA Swim Club Inc

Analysis

Alexandria USA Swim Club Inc is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in February 2001, 25 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 September 2023, Alexandria USA Swim Club Inc reported income of $60k and spending of $77k, spending 129% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $100k to $60k (-40%), an average of -40% a year. The sharpest change came in the year to September 2023, when income dropped by 40%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Alexandria USA Swim Club Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Crossville Recreational Youth Soccer Association ($60k), Walter Johnson Ice Hockey ($60k) and Kingfish Swim Club ($60k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.