McMinnville Swim Club Inc

Analysis

McMinnville Swim Club Inc is a registered charity in United States, based in McMinnville, OR. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, McMinnville Swim Club Inc reported income of $201k and spending of $190k, spending 94% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $194k to $201k (+3.5%), an average of +3.5% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McMinnville Swim Club Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OR. Charities of a similar size with the same main cause include Rotary Club of Aiken Foundation ($201k), Don Diego Fund ($201k) and Educational Advisory Foundation Inc ($201k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.3% and program service revenue 95% of the total. Other salaries and wages came to $87k. At year end it held assets of $131k against liabilities of $42k, net assets of $89k. It reported 2 employees.