Elizabeth Forward Swim Club

Analysis

Elizabeth Forward Swim Club is a registered charity in United States, based in McKeesport, PA. It received its IRS tax-exemption ruling in February 2017, 9 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 August 2023, Elizabeth Forward Swim Club reported income of $52k and spending of $51k, spending 98% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $42k to $52k (+26%), an average of +26% a year. The sharpest change came in the year to August 2023, when income rose by 26%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Elizabeth Forward Swim Club sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Tigard Basketball Association Inc ($52k), Roosevelt Soccer Club Inc ($52k) and Indian Valley Veterans Fund Inc ($52k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 0.5% and program service revenue 9.5% of the total. At year end it held assets of $23k against liabilities of $6,637, net assets of $16k.