Hurricane Penguins Swim Club

Analysis

Hurricane Penguins Swim Club is a registered charity in United States, based in White Lake, MI. It received its IRS tax-exemption ruling in November 2020, 6 years ago. 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, Hurricane Penguins Swim Club reported income of $208k and spending of $193k, spending 93% of its income. Across the 4 years on record, from August 2021 to August 2024, income grew from $150k to $208k (+39%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 36%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hurricane Penguins Swim Club sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Westfield Rotary Club Foundation ($208k), The Bonita Historical Society ($208k) and Triangle Club Inc ($208k).

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 $49k. At year end it held assets of $133k against liabilities of $2,001, net assets of $131k.