Swimsafe

Analysis

Swimsafe is a registered charity in United States, based in Sandy Springs, GA. It received its IRS tax-exemption ruling in July 2021, 5 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 December 2023, Swimsafe reported income of $410k and spending of $31k, leaving 92% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $200k to $410k (+105%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 262%. Over the whole period it spent 4.7% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Swimsafe sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Williamsburg Aquatic Club ($410k), Howell Girls Softball League Inc ($410k) and Logan County Agricultural Society ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $690k against liabilities of $0, net assets of $690k.