Santa Maria Swim Club Inc

Analysis

Santa Maria Swim Club Inc is a registered charity in United States, based in Santa Maria, CA. It received its IRS tax-exemption ruling in January 1995, 31 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 September 2023, Santa Maria Swim Club Inc reported income of $506k and spending of $438k, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $354k to $506k (+43%), an average of +9.3% a year. The sharpest change came in the year to September 2022, when income rose by 85%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Santa Maria Swim Club Inc 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 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Holiday in the Park ($505k), Starlings Volleyball Clubs USA ($506k) and Manchaca Optimist Youth Sports ($505k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.7% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $69k (16% of expenses). Other salaries and wages came to $105k. At year end it held assets of $287k against liabilities of $2,089, net assets of $285k. It reported 15 employees.