Cape Aquatics Swim Club

Analysis

Cape Aquatics Swim Club is a registered charity in United States, based in Cape Coral, FL. It received its IRS tax-exemption ruling in July 1995, 31 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 December 2023, Cape Aquatics Swim Club reported income of $90k and spending of $85k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $77k to $90k (+18%), an average of +8.6% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cape Aquatics Swim Club sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Meadville Bulldog Hockey Boosters Association Inc ($90k), Iowa Basketball Coaches Association ($90k) and Mill Creek Lacrosse ($90k).

At year end it held assets of $30k against liabilities of $0, net assets of $30k.