Amateur Swimming Foundation Inc

Analysis

Amateur Swimming Foundation Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in January 1988, 38 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 2024, Amateur Swimming Foundation Inc reported income of $530k and spending of $519k, spending 98% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $269k to $530k (+97%), an average of +18% a year. The sharpest change came in the year to August 2022, when income rose by 79%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Amateur Swimming Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Agsa Corp ($530k), Olympia Gymnastics Booster Club Inc ($530k) and Central Park Track Club Corporation ($529k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.