Goshen Swimming Inc

Analysis

Goshen Swimming Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in February 2009, 17 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Goshen Swimming Inc reported income of $60k and spending of $68k, spending 114% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $48k to $60k (+26%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 114% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Goshen Swimming Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within IN. Charities of a similar size with the same main cause include West Milford Girls Softball Association Inc ($60k), East Troy Titans Cheer & Poms Inc ($60k) and Burg Baseball Inc ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.4% and program service revenue 78% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.