Sachem Swim Club of Long Island

Analysis

Sachem Swim Club of Long Island is a registered charity in United States, based in Ronkonkoma, NY. It received its IRS tax-exemption ruling in February 2016, 10 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, Sachem Swim Club of Long Island reported income of $818k and spending of $802k, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $598k to $818k (+37%), an average of +8.2% a year. The sharpest change came in the year to August 2021, when income rose by 84%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sachem Swim Club of Long Island sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Youth Golf of Northwest Arkansas ($818k), Mt Juliet League Inc ($818k) and Vista Soccer Club ($817k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $308k. At year end it held assets of $170k against liabilities of $8,943, net assets of $161k. It reported 29 employees.