USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Johnson City, TN. 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 December 2023, USA Swimming Inc reported income of $302k and spending of $270k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $288k to $302k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 97% 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 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within TN. Charities of a similar size with the same main cause include Team Mario ($302k), Art Museum New Bedford Inc ($302k) and Middle Atlantic Moto-Cross Association Inc ($302k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $102k. At year end it held assets of $274k against liabilities of $6,621, net assets of $267k. It reported 1 employees.