Team Greenville Swim Club

Analysis

Team Greenville Swim Club is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in July 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 August 2023, Team Greenville Swim Club reported income of $995k and spending of $992k, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $184k to $995k (+439%), an average of +52% a year. The sharpest change came in the year to August 2020, when income rose by 248%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Team Greenville Swim Club 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 83rd percentile within SC. Charities of a similar size with the same main cause include South Campus Sports Assocation ($995k), Prior Lake Soccer Club Inc ($998k) and Lysander Youth Hockey Inc ($994k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Other salaries and wages came to $330k. At year end it held assets of $566k against liabilities of $272k, net assets of $293k. It reported 23 employees.