South Run Swim Team

Analysis

South Run Swim Team is a registered charity in United States, based in Fairfax Sta, VA. It received its IRS tax-exemption ruling in June 2017, 9 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, South Run Swim Team reported income of $58k and spending of $62k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $64k to $58k (-9.5%), an average of -9.5% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Run Swim Team sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Cleveland Archery Club Inc ($58k), Soroco Baseball Softball ($58k) and Illinois Valley Girls Fastpitch Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.