Liverpool Jets Swim Club Inc

Analysis

Liverpool Jets Swim Club Inc is a registered charity in United States, based in Cicero, NY. It received its IRS tax-exemption ruling in June 2009, 17 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 August 2023, Liverpool Jets Swim Club Inc reported income of $91k and spending of $121k, spending 133% of what it took in. Across the 3 years on record, from August 2021 to August 2023, income fell from $105k to $91k (-13%), an average of -7.0% a year. The sharpest change came in the year to August 2023, when income dropped by 19%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Liverpool Jets Swim Club Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Ace Volleyball Academy ($91k), Road Runners Club of America ($91k) and Charge Fastpitch Inc ($91k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $6,733 against liabilities of $24k, net assets of -$17k.