Huntsville Swim Association

Analysis

Huntsville Swim Association is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in October 1989, 37 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 July 2023, Huntsville Swim Association reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $690k to $1.1m (+59%), an average of +17% a year. The sharpest change came in the year to July 2021, when income rose by 49%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Huntsville Swim Association sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include Birthworkers of Color Collective ($1.1m), Religious Coalition for Community Renewal Inc ($1.1m) and Tuckahoe Sports Inc ($1.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 58% and program service revenue 43% of the total. Other salaries and wages came to $511k. At year end it held assets of $587k against liabilities of $59k, net assets of $528k. It reported 27 employees.