Great Falls Swim Team

Analysis

Great Falls Swim Team is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in April 2002, 24 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 2023, Great Falls Swim Team reported income of $91k and spending of $94k, spending 103% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $92k to $91k (-0.9%), an average of -0.9% a year. 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, Great Falls 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 34th percentile, and in the 31st percentile within MT. Charities of a similar size with the same main cause include Dover Sherborn Girls Sports Association Inc ($91k), Hammerheads Sled Hockey Associationinc ($91k) and Centerville Athletic Booster Club ($91k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 10% of the total. At year end it held assets of $100 against liabilities of $2,230, net assets of -$2,130.