Swiss Village Inc

Analysis

Swiss Village Inc is a registered charity in United States, based in Berne, IN. It received its IRS tax-exemption ruling in January 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Swiss Village Inc reported income of $16.8m and spending of $19.3m, spending 115% of what it took in. Across the 5 years on record, from May 2020 to December 2023, income fell from $18.2m to $16.8m (-7.4%), an average of -1.9% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Swiss Village Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IN. Charities of a similar size with the same main cause include Freedom of the Press Foundation ($16.8m), Society of St Vincent Depaul Particular Council of Cinti ($16.8m) and Meaningful Ny Initiatives for People with Disabilities Inc ($16.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $318k (1.7% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $32.6m against liabilities of $11.5m, net assets of $21.1m. It reported 380 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.