Swiss Heritage Society Inc

Analysis

Swiss Heritage Society Inc is a registered charity in United States, based in Berne, IN. It received its IRS tax-exemption ruling in November 1985, 41 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 (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 Heritage Society Inc reported income of $140k and spending of $140k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $140k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Swiss Heritage Society Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within IN. Charities of a similar size with the same main cause include Roots Wounds Words Inc ($140k), Arts Illiana Inc ($140k) and The Montgomery Civic Ballet Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $29k (21% of expenses). Other salaries and wages came to $12k. At year end it held assets of $962k against liabilities of $2,476, net assets of $959k. It reported 19 employees.