Rocky Mt Rapids Swim Team

Analysis

Rocky Mt Rapids Swim Team is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in February 2009, 17 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 August 2024, Rocky Mt Rapids Swim Team reported income of $235k and spending of $254k, spending 108% of what it took in. Across the 4 years on record, from July 2022 to August 2024, income grew from $78k to $235k (+202%), an average of +45% a year. The sharpest change came in the year to August 2023, when income rose by 156%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rocky Mt Rapids Swim Team sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include I Got Skills ($235k), Douglas Youth Hockey Association ($235k) and Goddard Youth Sports Inc ($235k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $70k. At year end it held assets of -$4,153 against liabilities of $0, net assets of -$4,153. It reported 5 employees.