Rams Swim Club

Analysis

Rams Swim Club is a registered charity in United States, based in Altoona, IA. It received its IRS tax-exemption ruling in May 2017, 9 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 June 2024, Rams Swim Club reported income of $155k and spending of $154k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $121k to $155k (+28%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rams Swim Club sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IA. Charities of a similar size with the same main cause include Deer Park Fair Association ($155k), Ellen Lambert Murphy Memorial Community Center ($155k) and United States Womens Rugby Foundation Inc ($155k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.6% and program service revenue 31% of the total. At year end it held assets of $128k against liabilities of $21k, net assets of $107k.