Northern Kentucky Clippers Swimming Inc

Analysis

Northern Kentucky Clippers Swimming Inc is a registered charity in United States, based in Erlanger, KY. It received its IRS tax-exemption ruling in August 1999, 27 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 2024, Northern Kentucky Clippers Swimming Inc reported income of $420k and spending of $392k, spending 93% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $337k to $420k (+25%), an average of +5.7% a year. The sharpest change came in the year to August 2021, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northern Kentucky Clippers Swimming 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 68th percentile within KY. Charities of a similar size with the same main cause include Stma Youth Baseball Association Inc ($420k), Riverside Gymnastics Academy Booster Club Inc ($420k) and Galaxy of Stars Events ($420k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 1.2% and program service revenue 91% of the total. At year end it held assets of $212k against liabilities of $0, net assets of $212k. It reported 15 employees.