Aiken-Augusta Swim League Inc

Analysis

Aiken-Augusta Swim League Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in April 1991, 35 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, Aiken-Augusta Swim League Inc reported income of $502k and spending of $509k, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $418k to $502k (+20%), an average of +4.7% a year. The sharpest change came in the year to August 2021, when income rose by 90%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Aiken-Augusta Swim League Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include Southern Organized Cheer Support Inc ($502k), Sarasota Youth Sailing Inc ($502k) and Nssra Foundation ($502k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $242k. At year end it held assets of $192k against liabilities of $2,172, net assets of $190k. It reported 19 employees.