Sweet Repeat Charitable Foundation

Analysis

Sweet Repeat Charitable Foundation is a registered charity in United States, based in Lake Wylie, SC. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Sweet Repeat Charitable Foundation reported income of $547k and spending of $460k, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $229k to $547k (+139%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sweet Repeat Charitable Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within SC. Charities of a similar size with the same main cause include CRG Foundation Inc ($547k), United Fund of Westfield NJ ($547k) and Eastern Upper Peninsula Community Community Foundation Alliance Inc ($547k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.6% of the total. Other salaries and wages came to $79k. At year end it held assets of $371k against liabilities of $0, net assets of $371k. It reported 6 employees.