Southwest Winners Foundation Inc

Analysis

Southwest Winners Foundation Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Southwest Winners Foundation Inc reported income of $14.3m and spending of $14.7m, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $13.8m to $14.3m (+3.0%), an average of +0.7% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwest Winners Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include School of Excellence in Education ($14.3m), Imagine School at North Port Inc ($14.3m) and Wallin Education Partners ($14.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $461k (3.1% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $17.9m against liabilities of $13.5m, net assets of $4.4m. It reported 229 employees.