Fort Washington Swim & Tennis Club

Analysis

Fort Washington Swim & Tennis Club is a registered charity in United States, based in Ambler, PA. It received its IRS tax-exemption ruling in November 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 2023, Fort Washington Swim & Tennis Club reported income of $452k and spending of $365k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $226k to $452k (+100%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fort Washington Swim & Tennis Club sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Interscholastic Equestrian League ($452k), Strive How to Lead Matters Inc ($452k) and Bend Sports Academy ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 95% of the total. Other salaries and wages came to $105k. At year end it held assets of $549k against liabilities of $12k, net assets of $537k. It reported 33 employees.