Parkway-Rockwood Gateway Swim Club

Analysis

Parkway-Rockwood Gateway Swim Club is a registered charity in United States, based in Ellisville, MO. It received its IRS tax-exemption ruling in December 1992, 34 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, Parkway-Rockwood Gateway Swim Club reported income of $210k and spending of $129k, leaving 38% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $183k to $210k (+15%), an average of +15% a year. The sharpest change came in the year to August 2023, when income rose by 15%. Over the whole period it spent 67% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Parkway-Rockwood Gateway Swim Club sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within MO. Charities of a similar size with the same main cause include Lakeville South Girls Basketball Association ($210k), North Carolina Apple Festival Inc ($210k) and Fargo USA Softball Association ($210k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 33% and program service revenue 30% of the total. At year end it held assets of $238k against liabilities of $0, net assets of $238k.