Cedar City Swim Club

Analysis

Cedar City Swim Club is a registered charity in United States, based in New Harmony, UT. It received its IRS tax-exemption ruling in February 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 July 2024, Cedar City Swim Club reported income of $127k and spending of $119k, spending 94% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $106k to $127k (+20%), an average of +20% a year. The sharpest change came in the year to July 2024, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cedar City Swim Club sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within UT. Charities of a similar size with the same main cause include Roaring Fork Pickleball Association ($127k), Delaware Valley Youth Sports League Inc ($127k) and Inland Empire Athletic Conference ($127k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 10% and program service revenue 18% of the total. At year end it held assets of $6,409 against liabilities of $566, net assets of $5,843.