Southwest Benefits Foundation

Analysis

Southwest Benefits Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 1991, 35 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southwest Benefits Foundation reported income of $131k and spending of $57k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $131k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2022, when income rose by 233%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest Benefits Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include James Branch Cabell Library Associates ($131k), Womans Relief Association ($131k) and Mankato Figure Skating Club ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.8% of the total. At year end it held assets of $364k against liabilities of $0, net assets of $364k.