Sweeny I S D Foundation

Analysis

Sweeny I S D Foundation is a registered charity in United States, based in Sweeny, TX. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Sweeny I S D Foundation reported income of $214k and spending of $368k, spending 172% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $138k to $214k (+55%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 55%. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sweeny I S D Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Cal Hacks Foundation ($214k), Kentucky Library Association ($214k) and Brighton Their World Inc ($214k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $4.8m against liabilities of $136k, net assets of $4.7m.