Sevier Swim Inc Sevier Aquatic Club

Analysis

Sevier Swim Inc Sevier Aquatic Club is a registered charity in United States, based in Sevierville, TN. It received its IRS tax-exemption ruling in June 2014, 12 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, Sevier Swim Inc Sevier Aquatic Club reported income of $149k and spending of $139k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $154k to $149k (-3.2%), an average of -3.2% a year. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sevier Swim Inc Sevier Aquatic Club sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within TN. Charities of a similar size with the same main cause include Boys Football Club of Belleville ($149k), Madras Rod and Gun Club ($149k) and Canby Junior Basketball ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.