KC Swim Academy and Infant Aquatics Inc

Analysis

KC Swim Academy and Infant Aquatics Inc is a registered charity in United States, based in Blue Springs, MO. 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, KC Swim Academy and Infant Aquatics Inc reported income of $472k and spending of $494k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $483k to $472k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 116% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, KC Swim Academy and Infant Aquatics Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within MO. Charities of a similar size with the same main cause include Lake Stevens Junior Athletic Association ($472k), International 500 Project Inc ($472k) and North Star Clay Target Foundation ($472k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $63k (13% of expenses). Other salaries and wages came to $116k. At year end it held assets of $9,209 against liabilities of $225k, net assets of -$216k. It reported 19 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.