Community Swim Club Inc

Analysis

Community Swim Club Inc is a registered charity in United States, based in Bellevue, WA. 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 December 2023, Community Swim Club Inc reported income of $256k and spending of $259k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $202k to $256k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Community Swim Club Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include Brooklyn Track Club Association Inc ($256k), Clarence Swim Club Inc ($256k) and Coeur Dalene Area Swim Team Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.3% and program service revenue 80% of the total. Other salaries and wages came to $44k. At year end it held assets of $122k against liabilities of $0, net assets of $122k. It reported 24 employees.