Martin County Swimming Inc

Analysis

Martin County Swimming Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in May 2003, 23 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 September 2023, Martin County Swimming Inc reported income of $131k and spending of $128k, spending 98% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $147k to $131k (-11%), an average of -11% a year. 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, Martin County Swimming Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Kac Basketball League ($131k), Little League Baseball Inc ($131k) and Campbell Cheer Booster Club Inc ($131k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.