Sweet House Foundation

Analysis

Sweet House Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Sweet House Foundation reported income of $284k and spending of $257k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $147k to $284k (+92%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sweet House Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include The Hershey Symphony Orchestra Society ($284k), Chicago Tap Theatre NFP ($284k) and Lima Company Memorial ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $407k against liabilities of $15k, net assets of $392k.