Swergold Family Foundation for Children in Crises

Analysis

Swergold Family Foundation for Children in Crises is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2009, 17 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Swergold Family Foundation for Children in Crises reported income of $85k and spending of $58k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $85k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to December 2023, when income rose by 4071%. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Swergold Family Foundation for Children in Crises sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Create Foundation Inc ($85k), Usd 413 Foundation ($85k) and Graham Area United Way Inc ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.