USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Fresno, CA. 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 $78k and spending of $91k, spending 116% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $64k to $78k (+23%), an average of +24% a year. The sharpest change came in the year to August 2023, when income rose by 23%. Over the whole period it spent 110% 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 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Trinity County Historical Society ($78k), Palm Desert HS Foundation ($78k) and Kidney Auxiliary of Puget Sound ($78k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 54% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.