USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Tupelo, MS. 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 December 2023, USA Swimming Inc reported income of $91k and spending of $81k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $91k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 107% 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 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within MS. Charities of a similar size with the same main cause include Friends of New Canaan Lacrosse ($91k), Diaspora Global Initiative Inc ($91k) and Marion-Bermuda Crusing Yacht Race Association Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $200k against liabilities of $0, net assets of $200k.