Brookings Swim Club Inc

Analysis

Brookings Swim Club Inc is a registered charity in United States, based in Brookings, SD. It received its IRS tax-exemption ruling in June 2012, 14 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 March 2024, Brookings Swim Club Inc reported income of $237k and spending of $231k, spending 97% of its income. Across the 2 years on record, from March 2023 to March 2024, income fell from $243k to $237k (-2.4%), an average of -2.4% a year. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Brookings Swim Club Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within SD. Charities of a similar size with the same main cause include Chino Hills Pony Baseball ($237k), Bedford United Athletic Club ($237k) and Hershey Figure Skating Club ($237k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $166k. At year end it held assets of $160k against liabilities of $0, net assets of $160k. It reported 47 employees.