USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Cedar Rapids, IA. 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 August 2024, USA Swimming Inc reported income of $193k and spending of $146k, leaving 24% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $170k to $193k (+14%), an average of +14% a year. Over the whole period it spent 82% 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 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within IA. Charities of a similar size with the same main cause include National Municipal Stormwater Alliance ($193k), National Association of Housing & Redevelopment Officals ($193k) and Virginia Congress of Parents and Teachers ($193k).

On its Form 990-EZ for the period ending August 2024, revenue came from program service revenue 68% of the total. At year end it held assets of $204k against liabilities of $39k, net assets of $165k.