Midlakes Swimming League

Analysis

Midlakes Swimming League is a registered charity in United States, based in Cle Elum, WA. It received its IRS tax-exemption ruling in February 2007, 19 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 December 2023, Midlakes Swimming League reported income of $58k and spending of $57k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $50k to $58k (+15%), an average of +7.3% a year. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Midlakes Swimming League sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 17th percentile within WA. Charities of a similar size with the same main cause include Steilacoom High School Sports Boosters ($58k), Mojo Initiative Inc ($58k) and Molina Center Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.