Southwestern Foundation

Analysis

Southwestern Foundation is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southwestern Foundation reported income of $84k and spending of $19k, leaving 77% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $52k to $84k (+61%), an average of +61% a year. The sharpest change came in the year to June 2023, when income rose by 61%. Over the whole period it spent 22% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southwestern Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within IN. Charities of a similar size with the same main cause include Draysontate Childrens Cancer Research Fund Ltd NFP ($84k), Medical Legal Partnership of Oregon ($84k) and Echo Foundation ($84k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $193k against liabilities of $1,782, net assets of $191k.