Wichita Swim Club

Analysis

Wichita Swim Club is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in October 1982, 44 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Wichita Swim Club reported income of $1.1m and spending of $1.2m, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.0m to $1.1m (+10%), an average of +2.5% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wichita Swim Club sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KS. Charities of a similar size with the same main cause include Project Ezra of Greater Baltimore Inc ($1.1m), John Austin Cheley Foundation ($1.1m) and Papillion Community Foundation Inc ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $234k (20% of expenses). Other salaries and wages came to $325k. At year end it held assets of $1.2m against liabilities of $107k, net assets of $1.1m. It reported 62 employees.