Sunnyvale Swim Club

Analysis

Sunnyvale Swim Club is a registered charity in United States, based in Sunnyvale, CA. It received its IRS tax-exemption ruling in June 1983, 43 years ago. 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 August 2023, Sunnyvale Swim Club reported income of $938k and spending of $835k, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $645k to $938k (+45%), an average of +9.8% a year. The sharpest change came in the year to August 2021, when income rose by 49%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunnyvale Swim Club sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Lawyers Concerned for Lawyers of Pennsylvania ($938k), Southlands Foundation ($938k) and We Care of Grundy County Inc ($938k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $88k (10% of expenses). Other salaries and wages came to $286k. At year end it held assets of $231k against liabilities of $0, net assets of $231k. It reported 33 employees.