Lodi City Swim Club

Analysis

Lodi City Swim Club is a registered charity in United States, based in Lodi, CA. It received its IRS tax-exemption ruling in April 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lodi City Swim Club reported income of $212k and spending of $200k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $245k to $212k (-13%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lodi City Swim Club sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Southwest Oak Lawn Youth Football League ($212k), Burrillville Junior Hockey League ($212k) and Jackson Fury Soccer Club ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $80k (40% of expenses). Other salaries and wages came to $23k. At year end it held assets of $179k against liabilities of $3,974, net assets of $175k. It reported 4 employees.