USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Rochester HLS, MI. 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 $328k and spending of $277k, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $273k to $328k (+20%), an average of +4.6% a year. The sharpest change came in the year to August 2022, when income rose by 93%. Over the whole period it spent 84% 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 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Dover Sherborn Soccer Club ($327k), Ashland County Snowmobile Alliance Inc ($328k) and Pa Starz Inc ($327k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $654k against liabilities of $8,612, net assets of $646k.