USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in El Paso, TX. 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 $83k and spending of $99k, spending 119% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $234k to $83k (-64%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 99% 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 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Little League Baseball Inc ($83k), John O Cain Evangelistic Association ($83k) and Sidney Volunteer Fire & Rescue ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.