Forest Grove Swim Club Inc

Analysis

Forest Grove Swim Club Inc is a registered charity in United States, based in Forest Grove, OR. It received its IRS tax-exemption ruling in January 1976, 50 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 December 2023, Forest Grove Swim Club Inc reported income of $80k and spending of $72k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $80k (+12%), an average of +12% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Forest Grove Swim Club Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within OR. Charities of a similar size with the same main cause include Operation Turbo Inc ($80k), Rumson First-Aid Squad ($80k) and Road Runners Club of America ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 27% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.