MVP Dolphin Swim Team

Analysis

MVP Dolphin Swim Team is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2006, 20 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, MVP Dolphin Swim Team reported income of $89k and spending of $73k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $89k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, MVP Dolphin Swim Team sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 17th percentile within DC. Charities of a similar size with the same main cause include Storm Volleyball Club ($89k), Wildcat Youth Football Inc ($89k) and Neshannock Hockey Club ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.