Marvin M Schwan Charitable Foundation

Analysis

Marvin M Schwan Charitable Foundation is a registered charity in United States, based in Earth City, MO. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marvin M Schwan Charitable Foundation reported income of $23.4m and spending of $17.0m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.6m to $23.4m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 271%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Marvin M Schwan Charitable Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include John G & Marie Stella Kenedy Memorial Foundation ($23.3m), Omega Charitable Developers Inc ($23.5m) and Fellowship of Israel Related Ministries Inc ($23.2m).

Compensation of current officers, directors and key employees was $395k (2.3% of expenses). Other salaries and wages came to $4,755. At year end it held assets of $425.6m against liabilities of $332k, net assets of $425.2m. It reported 2 employees.