Braemar Blasters Swim Team

Analysis

Braemar Blasters Swim Team is a registered charity in United States, based in Bristow, VA. It received its IRS tax-exemption ruling in February 2012, 14 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 December 2023, Braemar Blasters Swim Team reported income of $108k and spending of $95k, spending 88% of its income. Across the 4 years on record, from September 2020 to December 2023, income grew from $39k to $108k (+175%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 145%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Braemar Blasters Swim Team sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within VA. Charities of a similar size with the same main cause include Haddon Township Rowing Club Inc ($108k), Sutton Town Soccer Association ($108k) and Upper Township Soccer Association Inc ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.