Mitchell Swaback Charities Inc

Analysis

Mitchell Swaback Charities Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 2010, 16 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 December 2023, Mitchell Swaback Charities Inc reported income of $2.1m and spending of $1.6m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.1m (+106%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mitchell Swaback Charities Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within AZ. Charities of a similar size with the same main cause include Easton Community Center Inc ($2.1m), Montauk Playhouse Community Center Foundation Inc ($2.1m) and Detroit Lions Charities ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $99k (6.2% of expenses). Other salaries and wages came to $200k. At year end it held assets of $3.5m against liabilities of $299k, net assets of $3.2m. It reported 12 employees.