Greensboro Community Swim Association

Analysis

Greensboro Community Swim Association is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greensboro Community Swim Association reported income of $57k and spending of $58k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $62k to $57k (-8.1%), an average of -8.1% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greensboro Community Swim Association sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Little League Baseball Inc ($57k), New Hampshire Annual Sports Competition Foundation Inc ($57k) and Loyal Roy-Hart Youth Football ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.