Santa Barbara Swim Club

Analysis

Santa Barbara Swim Club is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in September 1982, 44 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 September 2023, Santa Barbara Swim Club reported income of $646k and spending of $672k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $563k to $646k (+15%), an average of +3.5% a year. The sharpest change came in the year to September 2022, when income rose by 64%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santa Barbara Swim Club sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Center for National Independence in Politics ($646k), Iglesia de Dios Pentecostal Esmirna ($646k) and LA Familia Sana ($646k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 12% and program service revenue 91% of the total. Other salaries and wages came to $297k. At year end it held assets of $313k against liabilities of $0, net assets of $313k. It reported 15 employees.