St Croix Swim Club

Analysis

St Croix Swim Club is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 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 August 2023, St Croix Swim Club reported income of $400k and spending of $359k, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $271k to $400k (+47%), an average of +10% a year. The sharpest change came in the year to August 2021, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, St Croix Swim Club sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Halo Sports Inc ($400k), Dreamland Boxing ($400k) and Drive Nation Foundation ($400k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.4% and program service revenue 87% of the total. Other salaries and wages came to $207k. At year end it held assets of $175k against liabilities of $0, net assets of $175k. It reported 15 employees.