Schweikher House Preservation Trust

Analysis

Schweikher House Preservation Trust is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 April 2024, Schweikher House Preservation Trust reported income of $59k and spending of $42k, leaving 28% of income unspent that year. Across the 3 years on record, from April 2022 to April 2024, income grew from $57k to $59k (+3.7%), an average of +1.8% a year. The sharpest change came in the year to April 2024, when income rose by 56%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Schweikher House Preservation Trust sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include Djoniba Dance & Drum Centre Ltd ($59k), Protestant Reformed Student Orchesta ($59k) and Association of Chinese Scientists & Engineers ($59k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 45% and program service revenue 52% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.