Swisscontact North America Inc

Analysis

Swisscontact North America Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Swisscontact North America Inc reported income of $215k and spending of $281k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $215k (-79%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 78%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Swisscontact North America Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Canvas U S ($215k), Sudara Freedom Fund ($215k) and Yeshiva Yismach Moshe ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $205k (73% of expenses). At year end it held assets of $24k against liabilities of $11k, net assets of $13k. It reported 1 employees.