Swansons AFC Home Inc

Analysis

Swansons AFC Home Inc is a registered charity in United States, based in Highland Park, MI. It received its IRS tax-exemption ruling in September 2003, 23 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 December 2023, Swansons AFC Home Inc reported income of $158k and spending of $126k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $158k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Swansons AFC Home Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MI. Charities of a similar size with the same main cause include Pryor Area Foundation ($158k), Norwood Hills Charitable TR ($158k) and Silver Falls Christian School ($158k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 81% of the total. Other salaries and wages came to $21k. At year end it held assets of $37k against liabilities of $77k, net assets of -$39k. It reported 4 employees.