Sierra Marlins Swim Team Uss

Analysis

Sierra Marlins Swim Team Uss is a registered charity in United States, based in Folsom, CA. It received its IRS tax-exemption ruling in March 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 December 2023, Sierra Marlins Swim Team Uss reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $568k to $1.2m (+115%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sierra Marlins Swim Team Uss sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include I C Corporation ($1.2m), North Columbus Jaycees Housing II Inc ($1.2m) and National Headache Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $111k (9.8% of expenses). Other salaries and wages came to $291k. At year end it held assets of $444k against liabilities of $11k, net assets of $433k. It reported 7 employees.