4m Swim Club

Analysis

4m Swim Club is a registered charity in United States, based in Windsor Mill, MD. It received its IRS tax-exemption ruling in April 2015, 11 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, 4m Swim Club reported income of $248k and spending of $153k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $153k to $248k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, 4m Swim Club sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Deception Pass Park Foundation ($248k), Missoula Aquatic Club Inc ($248k) and Shelby Christian School ($248k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $45k. At year end it held assets of $248k against liabilities of $153k, net assets of $95k.