Neptune Swimming

Analysis

Neptune Swimming is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in July 1982, 44 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 September 2023, Neptune Swimming reported income of $815k and spending of $814k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $610k to $815k (+34%), an average of +7.5% a year. The sharpest change came in the year to September 2022, when income rose by 86%. Over the whole period it spent 111% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Neptune Swimming sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Charles Moore Arena Inc ($815k), Upper Midwest Athletic Conference ($815k) and The Childrens Life-Saving Foundation ($815k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Other salaries and wages came to $381k. At year end it held assets of $183k against liabilities of $123k, net assets of $60k. It reported 9 employees.