USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Lawrence, KS. 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 2023, USA Swimming Inc reported income of $218k and spending of $176k, spending 81% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $195k to $218k (+12%), an average of +3.9% a year. The sharpest change came in the year to August 2022, when income rose by 57%. Over the whole period it spent 81% 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 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within KS. Charities of a similar size with the same main cause include Artistic Swim Ohio ($218k), Panther Wrestling Club Inc ($218k) and Ceres Youth Baseball ($218k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $65k (37% of expenses). Other salaries and wages came to $11k. At year end it held assets of $707k against liabilities of $1,034, net assets of $706k. It reported 2 employees.