Rio Vista Swim Club Inc

Analysis

Rio Vista Swim Club Inc is a registered charity in United States, based in Rio Vista, CA. It received its IRS tax-exemption ruling in February 2022, 4 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, Rio Vista Swim Club Inc reported income of $65k and spending of $72k, spending 111% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $7,648 to $65k (+748%), an average of +104% a year. The sharpest change came in the year to December 2021, when income rose by 420%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rio Vista Swim Club Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include State Line Baptist Assembly Incorporated ($65k), Oxford Kids Camp Inc ($65k) and Middletown Recreation Association Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.