Swla Center for Health Services

Analysis

Swla Center for Health Services is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in July 1986, 40 years ago. 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 May 2023, Swla Center for Health Services reported income of $23.3m and spending of $23.2m, spending 100% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $17.8m to $23.3m (+30%), an average of +6.9% a year. The sharpest change came in the year to May 2022, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Swla Center for Health Services sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within LA. Charities of a similar size with the same main cause include Nysarc Inc ($23.2m), Albert Einstein Academies ($23.3m) and Lincoln Hall ($23.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $3.5m (15% of expenses). Other salaries and wages came to $10.3m. At year end it held assets of $23.2m against liabilities of $3.1m, net assets of $20.0m. It reported 263 employees.