Athens Bulldog Swim Club Inc

Analysis

Athens Bulldog Swim Club Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in July 1990, 36 years ago. 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, Athens Bulldog Swim Club Inc reported income of $965k and spending of $963k, spending 100% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $571k to $965k (+69%), an average of +19% a year. The sharpest change came in the year to August 2023, when income rose by 33%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Athens Bulldog Swim Club Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include New Morning School ($965k), Art School at Old Church Inc ($965k) and Participatory Budgeting Oregon ($965k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $129k (13% of expenses). Other salaries and wages came to $263k. At year end it held assets of $407k against liabilities of $124k, net assets of $283k. It reported 31 employees.