Rochester Swimming Inc

Analysis

Rochester Swimming Inc is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in February 2016, 10 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 December 2023, Rochester Swimming Inc reported income of $69k and spending of $43k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $72k to $69k (-4.6%), an average of -4.6% a year. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rochester Swimming Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within MN. Charities of a similar size with the same main cause include Lee County Uspta Community Tennis Association Inc ($69k), Live Water Co ($69k) and The Iron Horse Society at Steamtown Incorporated ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $168k against liabilities of $0, net assets of $168k.