Shelby Swim Club Inc

Analysis

Shelby Swim Club Inc is a registered charity in United States, based in Kings MTN, NC. It received its IRS tax-exemption ruling in June 2022, 4 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 2023, Shelby Swim Club Inc reported income of $121k and spending of $116k, spending 96% of its income. Across the 3 years on record, from August 2020 to August 2023, income grew from $76k to $121k (+60%), an average of +27% a year. The sharpest change came in the year to August 2022, when income rose by 84%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shelby Swim Club Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Maah Daah Hey Trail Association ($121k), Hatboro Horsham Aquatic Association ($121k) and Little League Baseball Inc ($121k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.