USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Fargo, ND. 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 September 2023, USA Swimming Inc reported income of $97k and spending of $90k, spending 93% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $83k to $97k (+16%), an average of +16% a year. The sharpest change came in the year to September 2023, when income rose by 16%. Over the whole period it spent 92% 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 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 27th percentile within ND. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($97k), Lao Senior Association of Oregon ($97k) and Brazeal Dennard Chorale ($97k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 80% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.