Bozeman Swimming Club

Analysis

Bozeman Swimming Club is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in February 1978, 48 years ago. 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 2023, Bozeman Swimming Club reported income of $361k and spending of $317k, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $179k to $361k (+101%), an average of +19% a year. The sharpest change came in the year to August 2021, when income rose by 83%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bozeman Swimming Club sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MT. Charities of a similar size with the same main cause include Packard Group II ($361k), Scottish Rite Foundation of South Carolina Inc ($361k) and Lake County Historical Society ($361k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 11% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $102k (32% of expenses). Other salaries and wages came to $53k. At year end it held assets of $339k against liabilities of $39k, net assets of $300k. It reported 10 employees.