Sunset Swim Team

Analysis

Sunset Swim Team is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in May 2023, 3 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, Sunset Swim Team reported income of $75k and spending of $77k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $600k to $75k (-87%), an average of -65% a year. The sharpest change came in the year to December 2022, when income dropped by 86%. Over the whole period it spent 17% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sunset Swim Team sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($75k), Durty Dabbers Dustin Flook Recreational Trails Park ($75k) and Rogers Quarterback Club ($75k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $24k. At year end it held assets of $627k against liabilities of $0, net assets of $627k. It reported 7 employees.