Swatc Foundation

Analysis

Swatc Foundation is a registered charity in United States, based in Cedar City, UT. It received its IRS tax-exemption ruling in August 2014, 12 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, Swatc Foundation reported income of $411k and spending of $199k, leaving 52% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $505k to $411k (-19%), an average of -6.6% a year. The sharpest change came in the year to June 2021, when income dropped by 64%. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Swatc Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within UT. Charities of a similar size with the same main cause include Turtle Wing Foundation ($411k), Lighthouse Academies Inc ($411k) and Apprenticeship Education and Training Fund Inc ($411k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. It paid $53k in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $143k, net assets of $951k.