Council Bluffs Swim Club Inc

Analysis

Council Bluffs Swim Club Inc is a registered charity in United States, based in Council BLFS, IA. It received its IRS tax-exemption ruling in July 1996, 30 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, Council Bluffs Swim Club Inc reported income of $128k and spending of $111k, spending 87% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $105k to $128k (+21%), an average of +21% a year. The sharpest change came in the year to August 2023, when income rose by 21%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Council Bluffs Swim Club Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within IA. Charities of a similar size with the same main cause include Baseball Company Invaders ($128k), United States Biathlon Foundation ($128k) and Friends of Mammoth Cave National Park Inc ($128k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 48% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.