USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Voorheesville, NY. It received its IRS tax-exemption ruling in March 2006, 20 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, USA Swimming Inc reported income of $91k and spending of $92k, spending 101% of its income. Across the 5 years on record, from December 2019 to August 2023, income fell from $250k to $91k (-64%), an average of -22% a year. The sharpest change came in the year to August 2022, when income rose by 219%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, USA Swimming Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Ephraim McDowell Regional Medical Center Auxiliary ($91k), Accountability Journalism Institute Inc ($91k) and Vietnamese American Community of Massachusetts Inc ($91k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 41% and program service revenue 50% of the total. At year end it held assets of $397k against liabilities of $0, net assets of $397k.