Comets Swim Team Booster Club Inc

Analysis

Comets Swim Team Booster Club Inc is a registered charity in United States, based in Pembroke Pines, FL. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Comets Swim Team Booster Club Inc reported income of $141k and spending of $107k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $93k to $141k (+52%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 75% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Comets Swim Team Booster Club Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Open Door Abuse Awareness Prevention ($141k), Louisville Youth Philanthropy Council Inc ($141k) and Rolle Project ($141k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 6.7% and program service revenue 47% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.