USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Sacramento, CA. 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 $409k and spending of $360k, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $300k to $409k (+36%), an average of +8.0% a year. The sharpest change came in the year to August 2022, when income rose by 130%. Over the whole period it spent 118% 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 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Regatta Point Community Sailing Inc ($409k), Yankton Area Ice Association ($409k) and Mississippi Quarter Horse Association ($409k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $97k. At year end it held assets of $737k against liabilities of $617, net assets of $737k. It reported 2 employees.