Sopris Barracuda Swim Team

Analysis

Sopris Barracuda Swim Team is a registered charity in United States, based in Glenwood SPGS, CO. It received its IRS tax-exemption ruling in June 1988, 38 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 December 2023, Sopris Barracuda Swim Team reported income of $126k and spending of $122k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $137k to $126k (-8.5%), an average of -8.5% 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, Sopris Barracuda Swim Team sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within CO. Charities of a similar size with the same main cause include Blank Theatre Company ($126k), PTA California Congress of Parents Teachers & Students Inc ($126k) and Auxiliary of John H Stoger Jr Hospital of Cook County ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,543 against liabilities of $0, net assets of $3,543.