USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Hastings, NE. 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 $213k and spending of $191k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $344k to $213k (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 100% 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 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within NE. Charities of a similar size with the same main cause include Windsor Youth Sports & Recreation ($213k), Saint Louis Disc Golf Club ($213k) and Alfred a Braun Hut System Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $27k (14% of expenses). At year end it held assets of $290k against liabilities of $2,615, net assets of $287k. It reported 1 employees.