USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Broken Arrow, OK. 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 $218k and spending of $224k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $340k to $218k (-36%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 94% 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 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within OK. Charities of a similar size with the same main cause include Warren County Historical Society ($218k), McLaran Leadership Foundation ($218k) and Everett Free Library ($218k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $466k against liabilities of $288, net assets of $465k.