USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Hollidaysburg, PA. 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 December 2023, USA Swimming Inc reported income of $249k and spending of $278k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $538k to $249k (-54%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 97% 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 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Junior League Monroe Incorporate ($249k), Indian Hills Community College Development Inc ($249k) and Garysburg Volunteer Fire Department ($249k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $47k. At year end it held assets of $532k against liabilities of $83k, net assets of $450k. It reported 1 employees.