Merced Elks Skimmers Swim Team

Analysis

Merced Elks Skimmers Swim Team is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in August 2024, 2 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 December 2023, Merced Elks Skimmers Swim Team reported income of $197k and spending of $222k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $141k to $197k (+39%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Merced Elks Skimmers Swim Team sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Allegro Dancers Inc ($197k), Wee Panthers Football Inc ($197k) and South Huntington SC Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $88k. At year end it held assets of $6,493 against liabilities of $5,244, net assets of $1,249.