Excel Swim Association

Analysis

Excel Swim Association is a registered charity in United States, based in Bothell, WA. It received its IRS tax-exemption ruling in September 1996, 30 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 2024, Excel Swim Association reported income of $676k and spending of $606k, spending 90% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $255k to $676k (+165%), an average of +22% a year. The sharpest change came in the year to August 2022, when income rose by 62%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Excel Swim Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Canton Baseball Inc ($676k), Camp of Champions A&m Inc ($676k) and Equal Play - Inspiring Confidence for Girls ($676k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $117k (19% of expenses). Other salaries and wages came to $201k. At year end it held assets of $414k against liabilities of $689, net assets of $413k. It reported 23 employees.