US Swimming Inc

Analysis

US Swimming Inc is a registered charity in United States, based in Fallbrook, CA. 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 September 2023, US Swimming Inc reported income of $436k and spending of $445k, spending 102% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $411k to $436k (+6.0%), an average of +2.0% a year. The sharpest change came in the year to September 2023, when income rose by 56%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, US Swimming Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Dannys Ride ($436k), Pathways for Life Academy Inc ($436k) and Montana Stockgrowers Foundation ($436k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.4% and program service revenue 88% of the total. At year end it held assets of $659k against liabilities of $0, net assets of $659k.