Sweetwater-Monroe County United FD

Analysis

Sweetwater-Monroe County United FD is a registered charity in United States, based in Sweetwater, TN. It received its IRS tax-exemption ruling in February 1975, 51 years ago. 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, Sweetwater-Monroe County United FD reported income of $387k and spending of $211k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $249k to $387k (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sweetwater-Monroe County United FD sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include Ags Scholarship Foundation ($387k), Elmbrook Inc ($387k) and Foundation for Private Enterprise Education ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $51k. It paid $14k in professional fundraising fees. At year end it held assets of $410k against liabilities of $2,651, net assets of $407k. It reported 2 employees.