Clovis Swim Club

Analysis

Clovis Swim Club is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in September 1980, 46 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 June 2023, Clovis Swim Club reported income of $285k and spending of $350k, spending 123% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income grew from $215k to $285k (+32%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clovis Swim Club sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Colonial Community Services Inc ($285k), Friends of the Historical Museum at Fort Missoula ($285k) and Happy Hearts ($285k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $338k against liabilities of $125k, net assets of $213k.