Swimarin

Analysis

Swimarin is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in November 1983, 43 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 December 2023, Swimarin reported income of $83k and spending of $78k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $83k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. 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, Swimarin sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Birmingham Figure Skating Club Inc ($83k), Sierra Vista Center Inc ($83k) and Knoxville Kiwanis Youth Foundation Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 90% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.