Georgetown Summer Swim Association

Analysis

Georgetown Summer Swim Association is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in April 1987, 39 years ago. 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 September 2023, Georgetown Summer Swim Association reported income of $76k and spending of $79k, spending 104% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $71k to $76k (+7.7%), an average of +7.7% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgetown Summer Swim Association 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 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Westmoreland Walks Inc ($76k), PTA Georgia Congress ($76k) and Crosslife International Inc ($76k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 78% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.