USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Mitchell, SD. 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 August 2023, USA Swimming Inc reported income of $60k and spending of $43k, leaving 28% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $56k to $60k (+6.7%), an average of +6.7% a year. Over the whole period it spent 80% 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 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 18th percentile within SD. Charities of a similar size with the same main cause include Josephine O Cowper TR Uw 21-12-77 DRS Aaron & Koenic TR ($60k), Charles C Powell Foundation Inc ($60k) and Greater Sitka Arts Council Inc ($60k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 85% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.