American Swiss Foundation Inc

Analysis

American Swiss Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, American Swiss Foundation Inc reported income of $1.0m and spending of $949k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $1.0m (+347%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 298%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Swiss Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Missions Unlimited ($1.0m), Kol Hanearim Inc ($1.0m) and Sonia Nabeta Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $350k (37% of expenses). Other salaries and wages came to $69k. At year end it held assets of $1.1m against liabilities of $113k, net assets of $1.0m. It reported 4 employees.