Swedish Heritage Society Foundation Inc

Analysis

Swedish Heritage Society Foundation Inc is a registered charity in United States, based in Swedesburg, IA. It received its IRS tax-exemption ruling in November 1991, 35 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Swedish Heritage Society Foundation Inc reported income of $106k and spending of $64k, leaving 40% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income fell from $120k to $106k (-12%), an average of -12% a year. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Swedish Heritage Society Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within IA. Charities of a similar size with the same main cause include Fly on a Wall Inc ($106k), South Portland Historical Society ($106k) and Sioux Falls Concerts Association ($106k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 65% of the total. Other salaries and wages came to $23k. At year end it held assets of $525k against liabilities of $510, net assets of $525k. It reported 1 employees.