Swiss Center of North America Inc

Analysis

Swiss Center of North America Inc is a registered charity in United States, based in New Glarus, WI. It received its IRS tax-exemption ruling in November 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Swiss Center of North America Inc reported income of $220k and spending of $160k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $220k (+63%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 92% 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 Center of North America Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within WI. Charities of a similar size with the same main cause include Debes Creer En Ti ($220k), Art Alliance of Greensboro Inc ($220k) and United Ballet Theatre Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $81k (50% of expenses). At year end it held assets of $594k against liabilities of $5,500, net assets of $589k. It reported 1 employees.