Fins Swim Club Inc

Analysis

Fins Swim Club Inc is a registered charity in United States, based in Mandeville, LA. It received its IRS tax-exemption ruling in April 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 July 2024, Fins Swim Club Inc reported income of $85k and spending of $62k, leaving 27% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $80k to $85k (+5.7%), an average of +5.7% a year. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fins Swim Club Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within LA. Charities of a similar size with the same main cause include Seekonk Tigers Inc ($85k), Darien Junior Sailing Program LLC ($85k) and Scotts Valley Girls Softball ($85k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.