USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Moscow, ID. 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 $219k and spending of $179k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $275k to $219k (-20%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 81% 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 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within ID. Charities of a similar size with the same main cause include Little League Baseball Inc ($219k), Pentucket Regional Scholarship Foundation ($219k) and Lancaster-Lebanon County Secondary School Athletic Association ($219k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $600. At year end it held assets of $474k against liabilities of $0, net assets of $474k. It reported 1 employees.