Southwest Conference Inc
Analysis
Southwest Conference Inc is a registered charity in United States, based in Weston, CT. It received its IRS tax-exemption ruling in May 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Southwest Conference Inc reported income of $179k and spending of $187k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $172k to $179k (+4.3%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income rose by 203%. Over the whole period it spent 99% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southwest Conference Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include Tucson SW Rams ($179k), Hillsborough High School Bandwagon Assn ($179k) and Trumbull Pisces Swimming Association Inc ($179k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $25k (13% of expenses). At year end it held assets of $154k against liabilities of $2,100, net assets of $152k.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Program services 77%
- Other 5.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tucson SW Rams | Tucson | $179k |
| Hillsborough High School Bandwagon Assn | Hillsborough | $179k |
| Trumbull Pisces Swimming Association Inc | Trumbull | $179k |
| Hartford United Soccer Club Inc | Hartford | $179k |