Carmichael Swim Team Inc

Analysis

Carmichael Swim Team Inc is a registered charity in United States, based in Fair Oaks, CA. It received its IRS tax-exemption ruling in August 1999, 27 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, Carmichael Swim Team Inc reported income of $62k and spending of $56k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $62k (+9.7%), an average of +9.7% a year. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Carmichael Swim Team Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Emilias Acrobatics Parents Association ($62k), Camp B T Inc ($62k) and Sewickley Area Athletic Association ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 57% of the total. At year end it held assets of $30k against liabilities of $24, net assets of $30k.