USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Thornton, CO. 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 September 2023, USA Swimming Inc reported income of $747k and spending of $664k, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $614k to $747k (+22%), an average of +5.0% a year. The sharpest change came in the year to September 2022, when income rose by 98%. 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 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Free Clinic of Pulaski County Inc ($746k), Frontier Institute Inc ($747k) and New Beginning Day Care Center Inc II ($746k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $52k (7.8% of expenses). Other salaries and wages came to $6,532. At year end it held assets of $517k against liabilities of $3,540, net assets of $514k. It reported 2 employees.