Hillsboro Swim Organization Inc

Analysis

Hillsboro Swim Organization Inc is a registered charity in United States, based in Hillsboro, OH. It received its IRS tax-exemption ruling in August 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 December 2023, Hillsboro Swim Organization Inc reported income of $91k and spending of $95k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $115k to $91k (-20%), an average of -11% a year. 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, Hillsboro Swim Organization Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within OH. Charities of a similar size with the same main cause include Tempo Soccer Club ($91k), Smithfield Soccer Club Ltd ($91k) and Struthers Baseball League ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $39k. At year end it held assets of $54k against liabilities of $12k, net assets of $42k. It reported 8 employees.