PDR Swimming for Success

Analysis

PDR Swimming for Success is a registered charity in United States, based in Glenside, PA. It received its IRS tax-exemption ruling in July 2020, 6 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 September 2023, PDR Swimming for Success reported income of $291k and spending of $245k, spending 84% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $143k to $291k (+103%), an average of +103% a year. The sharpest change came in the year to September 2023, when income rose by 103%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, PDR Swimming for Success sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include New London Park Improvement Corporation ($291k), Sierra Madre Athletic Association Inc ($291k) and Yorktown Crew Boosters Inc ($291k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $36k (15% of expenses). Other salaries and wages came to $61k. At year end it held assets of $70k against liabilities of $0, net assets of $70k. It reported 5 employees.