Elk Grove Swim Team Boosters Inc

Analysis

Elk Grove Swim Team Boosters Inc is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in April 2013, 13 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, Elk Grove Swim Team Boosters Inc reported income of $311k and spending of $296k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $277k to $311k (+12%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 24%. 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, Elk Grove Swim Team Boosters Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Lasers Inc ($311k), Tiger Softball Club Inc ($311k) and Loyola Blakefield Aquatics ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 85% of the total. Other salaries and wages came to $150k. At year end it held assets of $285k against liabilities of $3,826, net assets of $281k. It reported 12 employees.