Every Kid Swims Inc

Analysis

Every Kid Swims Inc is a registered charity in United States, based in Daytona Beach, FL. It received its IRS tax-exemption ruling in March 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 2022, Every Kid Swims Inc reported income of $349k and spending of $287k, spending 82% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $240k to $349k (+45%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Every Kid Swims Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Zia Soccer Club Inc ($349k), Essex Skating Club of New Jersey ($349k) and Flagstaff Snow Sharks Inc ($349k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (23% of expenses). At year end it held assets of $124k against liabilities of $81k, net assets of $43k. It reported 2 employees.