Canby Swim Club Inc

Analysis

Canby Swim Club Inc is a registered charity in United States, based in Canby, OR. It received its IRS tax-exemption ruling in December 1982, 44 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 August 2024, Canby Swim Club Inc reported income of $117k and spending of $135k, spending 115% of what it took in. Across the 2 years on record, from August 2023 to August 2024, income fell from $131k to $117k (-10%), an average of -10% a year. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Canby Swim Club Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OR. Charities of a similar size with the same main cause include Phokos NFP ($117k), Nami Syracuse Inc ($117k) and Arc of Hawaii Housing Project Number 12 Incorporated ($117k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 2.8% and program service revenue 27% of the total. At year end it held assets of $89k against liabilities of $1,875, net assets of $87k.