Walla Walla Swim Club Endowment Board

Analysis

Walla Walla Swim Club Endowment Board is a registered charity in United States, based in Walla Walla, WA. It received its IRS tax-exemption ruling in January 1976, 50 years ago. 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 September 2024, Walla Walla Swim Club Endowment Board reported income of $67k and spending of $85k, spending 128% of what it took in. Across the 3 years on record, from September 2022 to September 2024, income fell from $71k to $67k (-6.3%), an average of -3.2% a year. The sharpest change came in the year to September 2023, when income dropped by 15%. Over the whole period it spent 133% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Walla Walla Swim Club Endowment Board sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 21st percentile within WA. Charities of a similar size with the same main cause include Omna Inc ($67k), Omak Cooperative Preschool ($67k) and Friends of Plum Beach Lighthouse Inc ($67k).

On its Form 990-EZ for the period ending September 2024, revenue came from program service revenue 41% of the total. At year end it held assets of $27k against liabilities of $309, net assets of $27k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.