The Swinerton Foundation

Analysis

The Swinerton Foundation is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in March 2003, 23 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 December 2023, The Swinerton Foundation reported income of $1.2m and spending of $519k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.2m (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Swinerton Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Happy Hope Foundation Inc ($1.2m), Philanthropy Network Greater Philadelphia ($1.2m) and A Step Ahead Foundation of Middle Tennessee Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 1.3% of the total. At year end it held assets of $5.6m against liabilities of $0, net assets of $5.6m.