SWFL Childrens Charities Inc

Analysis

SWFL Childrens Charities Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, SWFL Childrens Charities Inc reported income of $184k and spending of $267k, spending 145% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $184k (-91%), an average of -45% a year. The sharpest change came in the year to June 2023, when income dropped by 92%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, SWFL Childrens Charities Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Charlottesville Police Department Foundation ($184k), Macmurray Foundation & Alumni Association NFP ($184k) and Chiera Family Foundation Inc ($184k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $105k (39% of expenses). Other salaries and wages came to $4,500. At year end it held assets of $1.1m against liabilities of $272k, net assets of $866k. It reported 4 employees.