Mended Swords Ltd

Analysis

Mended Swords Ltd is a registered charity in United States, based in Brewster, NY. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mended Swords Ltd reported income of $53k and spending of $40k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $32k to $53k (+65%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 85%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mended Swords Ltd sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Amherst Historical Society ($53k), Leonard C Hanna Jr Findal Fund ($53k) and Friends of Memorial Park Pool Inc ($53k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.