Swi Industrial Solutions Inc

Analysis

Swi Industrial Solutions Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in January 1975, 51 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2024, Swi Industrial Solutions Inc reported income of $4.4m and spending of $4.4m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.0m to $4.4m (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 83%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Swi Industrial Solutions Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MO. Charities of a similar size with the same main cause include Cache Employment & Training Center ($4.4m), Association for Vision Rehabilitation and Employment Inc ($4.4m) and Community Development Support Association Inc ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $155k (3.6% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $3.1m against liabilities of $653k, net assets of $2.5m. It reported 362 employees.