Great Wolf Swim Club

Analysis

Great Wolf Swim Club is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 2005, 21 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, Great Wolf Swim Club reported income of $642k and spending of $682k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $864k to $642k (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Great Wolf Swim Club sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include World Cube Association ($641k), Tennis Foundation of St Petersburg Inc ($642k) and 261 Fearless Inc ($640k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $141k (21% of expenses). Other salaries and wages came to $148k. At year end it held assets of $19k against liabilities of $16k, net assets of $3,584. It reported 61 employees.