Swedish Club Foundation

Analysis

Swedish Club Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Swedish Club Foundation reported income of $972k and spending of $763k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $972k (+1030%), an average of +83% a year. The sharpest change came in the year to December 2020, when income rose by 414%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Swedish Club Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include International Ballet ($971k), Pacific Opera Project Incorporated ($972k) and Asheville Museum of Science ($970k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $5.8m against liabilities of $0, net assets of $5.8m.