Mt Hood Swim Team

Analysis

Mt Hood Swim Team is a registered charity in United States, based in Gresham, OR. It received its IRS tax-exemption ruling in May 1982, 44 years ago. 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 2024, Mt Hood Swim Team reported income of $561k and spending of $566k, spending 101% of its income. Across the 4 years on record, from August 2020 to August 2024, income grew from $321k to $561k (+75%), an average of +20% a year. The sharpest change came in the year to August 2023, when income rose by 177%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Hood Swim Team sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OR. Charities of a similar size with the same main cause include Apple Ridge Farm Incorporated ($561k), Centro Civico Mexicano ($561k) and Heritage Plantation of Sandwich Fund ($560k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $218k (38% of expenses). At year end it held assets of $232k against liabilities of $0, net assets of $232k. It reported 18 employees.