Montgomery County Swim League Inc

Analysis

Montgomery County Swim League Inc is a registered charity in United States, based in Germantown, MD. It received its IRS tax-exemption ruling in January 1981, 45 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 December 2023, Montgomery County Swim League Inc reported income of $70k and spending of $72k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $70k (+6.5%), an average of +6.5% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montgomery County Swim League Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within MD. Charities of a similar size with the same main cause include PTA New Jersey Congress of Parents & Teachers ($70k), Madison Jefferson Firefighters Association Inc ($70k) and PTA Florida Congress ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 49% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.