Oregon City Swim Team

Analysis

Oregon City Swim Team is a registered charity in United States, based in Oregon City, OR. It received its IRS tax-exemption ruling in June 1986, 40 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 September 2023, Oregon City Swim Team reported income of $359k and spending of $348k, spending 97% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $275k to $359k (+30%), an average of +9.3% a year. The sharpest change came in the year to September 2023, when income rose by 33%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oregon City Swim Team sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include Friends of the New Orleans Public Library ($359k), First Richland-Morrow Housing Inc II ($359k) and North Central Mass Youth Hockey Inc ($359k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $54k (16% of expenses). Other salaries and wages came to $113k. At year end it held assets of $124k against liabilities of $700, net assets of $123k. It reported 15 employees.