McSwain Education Foundation

Analysis

McSwain Education Foundation is a registered charity in United States, based in Atwater, CA. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, McSwain Education Foundation reported income of $69k and spending of $45k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $69k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McSwain Education Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Jamaica Elementary Ptso ($69k), The Los Angeles Sports Walk of Fame Sports Walk to the Waterfront FDN ($69k) and Teamsters Local 701 Scholarship Fund ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.9% of the total. At year end it held assets of $405k against liabilities of $0, net assets of $405k.