Southwest Training Services Inc
Analysis
Southwest Training Services Inc is a registered charity in United States, based in Washington, PA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, Southwest Training Services Inc reported income of $2.4m and spending of $2.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $2.4m (-5.8%), an average of -1.5% a year. Over the whole period it spent 100% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southwest Training Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Piedmont Business Capital ($2.4m), Wake Enterprises Inc ($2.4m) and Community Focus Foundation ($2.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $228k (9.5% of expenses). Other salaries and wages came to $757k. At year end it held assets of $203k against liabilities of $188k, net assets of $15k. It reported 134 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Piedmont Business Capital | Greensboro | $2.4m |
| Wake Enterprises Inc | Raleigh | $2.4m |
| Community Focus Foundation | Stafford | $2.4m |
| Arise Chicago | Chicago | $2.4m |