Rappahannock Area YMCA Swim Team

Analysis

Rappahannock Area YMCA Swim Team is a registered charity in United States, based in Stafford, VA. It received its IRS tax-exemption ruling in March 1990, 36 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 December 2023, Rappahannock Area YMCA Swim Team reported income of $1.2m and spending of $1.3m, spending 111% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.2m (+1.7%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rappahannock Area YMCA Swim Team sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Santa Fe Trail Blazers Association ($1.2m), Park Housing Development Fund Company Inc ($1.2m) and Billings American Legion Baseball Program ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Other salaries and wages came to $547k. At year end it held assets of $679k against liabilities of $8,884, net assets of $671k. It reported 46 employees.