Shenandoah Swim Club

Analysis

Shenandoah Swim Club is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in September 2024, 2 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Shenandoah Swim Club reported income of $71k and spending of $72k, spending 102% of its income. Across the 2 years on record, from October 2022 to October 2023, income fell from $95k to $71k (-25%), an average of -25% a year. The sharpest change came in the year to October 2023, when income dropped by 25%. 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, Shenandoah Swim Club sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Middleboro Youth Softball League ($71k), Little League Baseball Inc ($71k) and The Buffalo Harbor Sailing Club Inc C/O Frederick B Cohen Esq ($71k).

On its Form 990-EZ for the period ending October 2023, revenue came from program service revenue 62% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.