USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 $411k and spending of $444k, spending 108% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $197k to $411k (+109%), an average of +28% a year. The sharpest change came in the year to September 2022, when income rose by 60%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, USA Swimming Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Fort Smith Juniors Volleyball Club ($411k), FC Sol Soccer Club Inc ($411k) and Culpeper Soccer Association ($411k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 102% of the total. Compensation of current officers, directors and key employees was $23k (5.2% of expenses). At year end it held assets of $602k against liabilities of $8,886, net assets of $593k. It reported 1 employees.