The Prince William Swim Club Inc

Analysis

The Prince William Swim Club Inc is a registered charity in United States, based in Woodbridge, VA. It received its IRS tax-exemption ruling in August 1995, 31 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, The Prince William Swim Club Inc reported income of $422k and spending of $380k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $403k to $422k (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Prince William Swim Club Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Dubuque Area Swimmin Hurricane ($422k), Hingham Sports Partnership Inc ($423k) and 3up 3down Baseball Academy Inc ($422k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Other salaries and wages came to $126k. At year end it held assets of $267k against liabilities of $0, net assets of $267k. It reported 13 employees.