United States Masters Swimming Inc

Analysis

United States Masters Swimming Inc is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in March 1985, 41 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, United States Masters Swimming Inc reported income of $155k and spending of $156k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $155k (+8.4%), an average of +2.0% a year. The sharpest change came in the year to December 2020, when income dropped by 15%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United States Masters Swimming Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Associated Students of the California Maritime Academy ($155k), Marquette Area Public Schools Educational Foundation ($155k) and American Institute of Architects Scholarship Fund ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 6.3% of the total. Other salaries and wages came to $30k. At year end it held assets of $358k against liabilities of $1,743, net assets of $356k. It reported 1 employees.