Swim4elise Foundation

Analysis

Swim4elise Foundation is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in November 2016, 10 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, Swim4elise Foundation reported income of $61k and spending of $76k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $61k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Swim4elise Foundation sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include Adult Literacy Center of Ozaukee County ($61k), California Community Colleges Classified Senate ($61k) and Sycamore High School PTO ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $201k against liabilities of $3,769, net assets of $197k.