Cobb Summer Swim League

Analysis

Cobb Summer Swim League is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in November 2013, 13 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cobb Summer Swim League reported income of $64k and spending of $65k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $64k (-4.6%), an average of -4.6% a year. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cobb Summer Swim League sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within GA. Charities of a similar size with the same main cause include Four on the Fourth Road Race Inc ($64k), Tri West Little League Inc ($64k) and Northwest Indiana Junior Golf Association ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.0% of the total. At year end it held assets of $8,197 against liabilities of $0, net assets of $8,197.