Tigard-Tualatin Swim Club

Analysis

Tigard-Tualatin Swim Club is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 1994, 32 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 2023, Tigard-Tualatin Swim Club reported income of $318k and spending of $251k, leaving 21% of income unspent that year. Across the 6 years on record, from August 2018 to August 2023, income grew from $254k to $318k (+25%), an average of +4.6% a year. The sharpest change came in the year to August 2022, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tigard-Tualatin Swim Club sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within OR. Charities of a similar size with the same main cause include Big Walnut Athletic Boosters Club ($318k), Marlington Alumni Association Inc ($318k) and Little League Baseball Inc ($318k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 68% and program service revenue 19% of the total. Other salaries and wages came to $99k. At year end it held assets of $131k against liabilities of $0, net assets of $131k. It reported 8 employees.