Powell Swim Club

Analysis

Powell Swim Club is a registered charity in United States, based in Powell, WY. It received its IRS tax-exemption ruling in April 2002, 24 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, Powell Swim Club reported income of $64k and spending of $60k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $64k (+1.1%), an average of +1.1% 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, Powell Swim Club sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 20th percentile within WY. Charities of a similar size with the same main cause include Charleroi Trustees Community Park Fund ($64k), Fightin Indians Girls Lacrosse Boosters Inc ($64k) and Athletic Association of St Joseph ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 67% of the total. At year end it held assets of $12k against liabilities of $2,526, net assets of $9,893.