Swift County Homes Inc

Analysis

Swift County Homes Inc is a registered charity in United States, based in Benson, MN. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Swift County Homes Inc reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $783k to $1.3m (+68%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Swift County Homes Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Gods Resort Inc ($1.3m), Habitat for Humanity International Inc ($1.3m) and Makana Hale Cooperative ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $149k (12% of expenses). Other salaries and wages came to $668k. At year end it held assets of $1.9m against liabilities of $141k, net assets of $1.7m. It reported 32 employees.