Murray Youth Swim Team Inc

Analysis

Murray Youth Swim Team Inc is a registered charity in United States, based in Murray, KY. It received its IRS tax-exemption ruling in April 2007, 19 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 December 2023, Murray Youth Swim Team Inc reported income of $104k and spending of $117k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $104k (-0.9%), an average of -0.9% a year. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Murray Youth Swim Team Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within KY. Charities of a similar size with the same main cause include Miami International Rowhouse Inc ($104k), Mascoutah Improvement Association Inc ($104k) and Fox Ice Hockey Club ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 0.9% of the total. At year end it held assets of $48k against liabilities of $2,091, net assets of $46k.