Sew Valley

Analysis

Sew Valley is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in September 2017, 9 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 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, Sew Valley reported income of $496k and spending of $478k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $496k (+139%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sew Valley sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Florida United Furry Fandom Inc ($496k), Society for Birth Defects Research and Prevention ($496k) and Hollins Communication Research Institute ($496k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $49k (10% of expenses). Other salaries and wages came to $202k. At year end it held assets of $231k against liabilities of $1,058, net assets of $230k. It reported 15 employees.