Rockfish Swimming Inc

Analysis

Rockfish Swimming Inc is a registered charity in United States, based in Leonardtown, MD. It received its IRS tax-exemption ruling in February 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, Rockfish Swimming Inc reported income of $114k and spending of $104k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $114k (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rockfish Swimming Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include Gainey Foundation ($114k), East Central Youth Baseball League ($114k) and Franklin Basketball Association ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.