USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Wilmore, KY. 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 $120k and spending of $120k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $120k (-2.5%), an average of -2.5% a year. Over the whole period it spent 114% 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 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within KY. Charities of a similar size with the same main cause include Tuberculosis Association of Ohio County ($120k), Little League Baseball Inc ($120k) and American Credit Counseling Service Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 94% of the total. At year end it held assets of $142k against liabilities of $12k, net assets of $130k.