USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Rochester, NY. 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 August 2024, USA Swimming Inc reported income of $247k and spending of $153k, leaving 38% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income fell from $494k to $247k (-50%), an average of -13% a year. The sharpest change came in the year to August 2023, when income dropped by 64%. Over the whole period it spent 90% 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 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include West Hollywood Aquatics ($247k), Danbury Youth Soccer Club Inc ($247k) and Santa Clarita Valley Athletic Association ($247k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 41% and program service revenue 25% of the total. Other salaries and wages came to $41k. At year end it held assets of $878k against liabilities of $152, net assets of $878k. It reported 5 employees.