Parkland Swim Club Corp

Analysis

Parkland Swim Club Corp is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in May 2016, 10 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Parkland Swim Club Corp reported income of $225k and spending of $210k, spending 93% of its income. Across the 4 years on record, from December 2019 to August 2023, income grew from $217k to $225k (+3.4%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Parkland Swim Club Corp sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Zehnders Snowfest Inc ($225k), DC Everest Youth Hockey Association Inc ($225k) and Electric City Baseball Academy ($225k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $87k. At year end it held assets of $145k against liabilities of $0, net assets of $145k.