Swedetown Trails Club

Analysis

Swedetown Trails Club is a registered charity in United States, based in Calumet, MI. It received its IRS tax-exemption ruling in August 1986, 40 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 August 2023, Swedetown Trails Club reported income of $258k and spending of $197k, leaving 24% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $178k to $258k (+45%), an average of +45% a year. The sharpest change came in the year to August 2023, when income rose by 45%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Swedetown Trails Club sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Mt Carmel High School Music Foundation ($258k), Pivot CMX ($258k) and Northwest Wilderness Programs ($258k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Other salaries and wages came to $36k. At year end it held assets of $414k against liabilities of $0, net assets of $414k.