USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Hilo, HI. 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 December 2023, USA Swimming Inc reported income of $238k and spending of $195k, spending 82% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $321k to $238k (-26%), an average of -5.8% a year. The sharpest change came in the year to December 2022, when income rose by 476%. Over the whole period it spent 80% 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 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within HI. Charities of a similar size with the same main cause include West Bridgewater Youth Athletic Association Inc ($238k), TC Blitz Softball ($238k) and Massachusetts Wrestling Association Inc ($238k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 107% of the total. At year end it held assets of $500k against liabilities of $99, net assets of $500k.