Bend Swim Club Inc

Analysis

Bend Swim Club Inc is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in April 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Bend Swim Club Inc reported income of $663k and spending of $618k, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $483k to $663k (+37%), an average of +8.2% a year. The sharpest change came in the year to August 2021, when income rose by 57%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bend Swim Club Inc 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 75th percentile within OR. Charities of a similar size with the same main cause include Lowcountry Hockey Association Inc ($663k), New Settlement Community Campus Corp ($664k) and Northwestern Stable Inc ($663k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $59k (9.6% of expenses). Other salaries and wages came to $187k. At year end it held assets of $392k against liabilities of $7,621, net assets of $385k. It reported 8 employees.