Casper Swim Club

Analysis

Casper Swim Club is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in December 1982, 44 years ago. 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 September 2023, Casper Swim Club reported income of $201k and spending of $185k, spending 92% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $163k to $201k (+23%), an average of +23% a year. The sharpest change came in the year to September 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Casper Swim Club sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within WY. Charities of a similar size with the same main cause include Paralyzed Veterans of America ($201k), Helt Fire & Rescue Inc ($201k) and North Carolina Legislative Black Caucus Foundation Inc ($201k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 86% of the total. Compensation of current officers, directors and key employees was $24k (13% of expenses). Other salaries and wages came to $82k. At year end it held assets of $147k against liabilities of $4,631, net assets of $143k. It reported 33 employees.