Northwest Swim Circuit

Analysis

Northwest Swim Circuit is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in June 1997, 29 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 August 2022, Northwest Swim Circuit reported income of $104k and spending of $101k, spending 97% of its income. Across the 2 years on record, from August 2020 to August 2022, income grew from $36k to $104k (+190%), an average of +190% a year. The sharpest change came in the year to August 2022, when income rose by 190%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northwest Swim Circuit sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Umar Boxing Program Inc ($104k), Young Tiger Football Inc ($104k) and Wai-Kahala Athletic Club ($104k).

On its Form 990-EZ for the period ending August 2022, revenue came from contributions and grants 7.7% and program service revenue 58% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.