Friends of SWS

Analysis

Friends of SWS is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Friends of SWS reported income of $207k and spending of $139k, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $244k to $207k (-15%), an average of -4.0% a year. The sharpest change came in the year to June 2021, when income dropped by 51%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of SWS 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 30th percentile within DC. Charities of a similar size with the same main cause include Maxmath Tutoring Online and Formal Inc ($207k), Udonis Haslem Childrens Foundation Inc ($207k) and Bitterroot Public Library Foundation Inc ($207k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $527k against liabilities of $0, net assets of $527k.