Amherst Tiger Sharks Swim Team

Analysis

Amherst Tiger Sharks Swim Team is a registered charity in United States, based in Snyder, NY. It received its IRS tax-exemption ruling in January 2020, 6 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, Amherst Tiger Sharks Swim Team reported income of $95k and spending of $86k, spending 90% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $88k to $95k (+8.1%), an average of +8.1% a year. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Amherst Tiger Sharks Swim Team sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Ely Nordic Ski Club ($95k), Little League Baseball Inc ($95k) and Redmond Sports Federation ($95k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.