Lahaina Swim Club Inc

Analysis

Lahaina Swim Club Inc is a registered charity in United States, based in Lahaina, HI. It received its IRS tax-exemption ruling in May 2014, 12 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 2022, Lahaina Swim Club Inc reported income of $79k and spending of $97k, spending 122% of what it took in. Across the 2 years on record, from December 2019 to December 2022, income fell from $99k to $79k (-20%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lahaina Swim Club Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within HI. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($79k), Spindletop Select Soccer Club Inc ($79k) and Branford Little League Inc ($79k).

At year end it held assets of $60k against liabilities of $0, net assets of $60k.