USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Winston Salem, NC. 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 September 2024, USA Swimming Inc reported income of $839k and spending of $617k, leaving 26% of income unspent that year. Across the 6 years on record, from September 2019 to September 2024, income fell from $1.3m to $839k (-36%), an average of -8.7% a year. The sharpest change came in the year to September 2023, when income dropped by 46%. Over the whole period it spent 86% 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 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Southeast Intervention Group Inc ($839k), Freedom Farm Ministries ($839k) and Interfaith Housing Development Corporation ($839k).

On its Form 990 for the period ending September 2024, revenue came from program service revenue 86% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m. It reported 2 employees.