Swell Events

Analysis

Swell Events is a registered charity in United States, based in Washougal, WA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Swell Events reported income of $524k and spending of $465k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $384k to $524k (+36%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Swell Events sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Mt Laurel United Soccer Association Inc ($523k), Northern Counties Soccer Association of New Jersey ($524k) and Adam Taliaferro Foundation Inc ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 90% of the total. Other salaries and wages came to $217k. At year end it held assets of $210k against liabilities of $136k, net assets of $74k. It reported 13 employees.