Columbia Swim Club

Analysis

Columbia Swim Club is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in September 2002, 24 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 2024, Columbia Swim Club reported income of $792k and spending of $712k, spending 90% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $620k to $792k (+28%), an average of +5.0% a year. The sharpest change came in the year to August 2022, when income rose by 102%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Columbia Swim Club sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MO. Charities of a similar size with the same main cause include Monroe Township Soccer Club Inc ($792k), Soar Detroit ($792k) and Whatcom Mountain Bike Coalition ($791k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 33% and program service revenue 65% of the total. Other salaries and wages came to $234k. At year end it held assets of $461k against liabilities of $46k, net assets of $415k. It reported 22 employees.