Lawrence Swim Team Inc

Analysis

Lawrence Swim Team Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, Lawrence Swim Team Inc reported income of $173k and spending of $168k, spending 97% of its income. Across the 3 years on record, from August 2019 to August 2023, income fell from $257k to $173k (-33%), an average of -18% a year. The sharpest change came in the year to August 2022, when income dropped by 34%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lawrence Swim Team Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within IN. Charities of a similar size with the same main cause include Youth Foundation of Virginia Beach Inc ($173k), Impactdmv Inc ($173k) and Christmas Wish Campaign Inc ($173k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 11% and program service revenue 86% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.