Las Vegas Youth Swimming

Analysis

Las Vegas Youth Swimming is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in January 1988, 38 years ago. 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 November 2024, Las Vegas Youth Swimming reported income of $229k and spending of $252k, spending 110% of what it took in. Across the 3 years on record, from November 2022 to November 2024, income fell from $248k to $229k (-7.7%), an average of -3.9% a year. The sharpest change came in the year to November 2023, when income rose by 53%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Las Vegas Youth Swimming sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within NV. Charities of a similar size with the same main cause include Southeast Alabama Sickle Cell Association Inc ($229k), PTA California Congress of Parents Teachers & Students Inc ($229k) and Sand Lake Center for the Arts Circle Theatre Players Inc ($229k).

On its Form 990 for the period ending November 2024, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $152k. At year end it held assets of $156k against liabilities of $10k, net assets of $146k.