Southwest High School Foundation

Analysis

Southwest High School Foundation is a registered charity in United States, based in Minneapolis, MN. 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, Southwest High School Foundation reported income of $109k and spending of $143k, spending 131% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $196k to $109k (-44%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest High School Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include The Hbaa Charitable Foundation ($109k), Alameda-Contra Costa Lions Central Committee for the Blind Inc ($109k) and Creek County Literacy Program Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $464k against liabilities of $0, net assets of $464k.