Connetquot Swimming & Diving Club

Analysis

Connetquot Swimming & Diving Club is a registered charity in United States, based in Holtsville, NY. It received its IRS tax-exemption ruling in August 2019, 7 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 2021, Connetquot Swimming & Diving Club reported income of $142k and spending of $180k, spending 126% of what it took in. Across the 2 years on record, from December 2020 to December 2021, income grew from $141k to $142k (+1.0%), an average of +1.0% a year. Over the whole period it spent 126% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Connetquot Swimming & Diving Club sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Santa Monica Rugby Club ($142k), Cincinnati Hills League ($142k) and Lone Peak Youth Baseball Inc ($142k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. At year end it held assets of -$74k against liabilities of $0, net assets of -$74k.