Swerve Outreach

Analysis

Swerve Outreach is a registered charity in United States, based in Altoona, IA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Swerve Outreach reported income of $114k and spending of $140k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $114k (-4.1%), an average of -4.1% a year. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Swerve Outreach sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within IA. Charities of a similar size with the same main cause include Heathers House ($114k), China Change ($114k) and Delaware Juneteenth Assoc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.