Swim Newton Inc

Analysis

Swim Newton Inc is a registered charity in United States, based in North Newton, KS. It received its IRS tax-exemption ruling in April 2002, 24 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, Swim Newton Inc reported income of $69k and spending of $63k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $69k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Swim Newton 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 25th percentile within KS. Charities of a similar size with the same main cause include Freeport Youth Football ($69k), North County Margarita Officials Association Inc ($69k) and Mill Valley Lacrosse Association ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 64% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.