Seward Foundation Inc

Analysis

Seward Foundation Inc is a registered charity in United States, based in Seward, NE. It received its IRS tax-exemption ruling in April 1982, 44 years ago. 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 June 2023, Seward Foundation Inc reported income of $57k and spending of $23k, leaving 59% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $57k (-96%), an average of -54% a year. The sharpest change came in the year to June 2021, when income rose by 140%. Over the whole period it spent 6.8% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seward Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within NE. Charities of a similar size with the same main cause include PTA Pennsylvania Congress ($57k), Cooper Mountain Elementary School Parent Teacher Organization ($57k) and Institute of Management Accountants Inc ($57k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.