Swimchester Sailfish Inc

Analysis

Swimchester Sailfish Inc is a registered charity in United States, based in Paris, KY. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Swimchester Sailfish Inc reported income of $171k and spending of $176k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $171k (-6.1%), an average of -6.1% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Swimchester Sailfish Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within KY. Charities of a similar size with the same main cause include Pomperaug Youth Baseball Inc ($171k), Tyrone Youth Athletic Association ($171k) and Sidney Gymnastics Club ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $71k against liabilities of $4,379, net assets of $66k.