Schwaben Athletic Club

Analysis

Schwaben Athletic Club is a registered charity in United States, based in Prairie View, IL. It received its IRS tax-exemption ruling in August 1994, 32 years ago. 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, Schwaben Athletic Club reported income of $617k and spending of $593k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $566k to $617k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Schwaben Athletic Club sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Wanskuck Housing Corporation ($617k), Validation Training Institute Incorporated ($617k) and Desert Manna ($617k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 85% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.