USA Swimming Inc

Analysis

USA Swimming Inc is a registered charity in United States, based in Concord, 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 $1.4m and spending of $949k, leaving 30% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $1.4m (+11%), an average of +2.7% a year. The sharpest change came in the year to August 2022, when income rose by 88%. Over the whole period it spent 93% 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 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Texas Brahmas Youth Hockey Association ($1.4m), South Jersey Aquatic Club ($1.4m) and North County Sports Association Inc ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 25% and program service revenue 55% of the total. Other salaries and wages came to $233k. At year end it held assets of $4.5m against liabilities of $101k, net assets of $4.4m. It reported 5 employees.