Southwestern Diabetic Foundation Inc

Analysis

Southwestern Diabetic Foundation Inc is a registered charity in United States, based in Gainesville, TX. It received its IRS tax-exemption ruling in September 1951, 75 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Southwestern Diabetic Foundation Inc reported income of $7.3m and spending of $5.9m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.7m to $7.3m (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 201%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southwestern Diabetic Foundation Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Cleveland County Family YMCA Inc ($7.3m), Virginia Horse Center Foundation ($7.4m) and Eugene Civic Alliance ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 35% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $11.7m against liabilities of $1.2m, net assets of $10.5m. It reported 172 employees.