Eagle Swim Team Inc

Analysis

Eagle Swim Team Inc is a registered charity in United States, based in Reisterstown, MD. It received its IRS tax-exemption ruling in July 1993, 33 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 2024, Eagle Swim Team Inc reported income of $980k and spending of $920k, spending 94% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $778k to $980k (+26%), an average of +4.7% a year. The sharpest change came in the year to August 2021, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Eagle Swim Team Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include California Aquatic Therapy & Wellness Center Inc ($980k), Central Wisconsin State Fair Association of Marshfield Ltd ($982k) and Team Theatrics Inc ($979k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $112k (12% of expenses). Other salaries and wages came to $274k. At year end it held assets of $871k against liabilities of $0, net assets of $871k. It reported 27 employees.