Clayton Shaw Park Swimming Team Inc

Analysis

Clayton Shaw Park Swimming Team Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1998, 28 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, Clayton Shaw Park Swimming Team Inc reported income of $1.5m and spending of $1.6m, spending 106% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $1.5m (+22%), an average of +5.2% a year. The sharpest change came in the year to August 2021, when income rose by 29%. 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, Clayton Shaw Park Swimming Team Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include Rensselaer County Agricultural and Horticultural Society ($1.5m), Peoples Park Foundation Inc ($1.5m) and Button Hole ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $160k (10% of expenses). Other salaries and wages came to $697k. At year end it held assets of $1.5m against liabilities of $446k, net assets of $1.0m. It reported 24 employees.