The Louisa Swain Foundation

Analysis

The Louisa Swain Foundation is a registered charity in United States, based in Laramie, WY. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 June 2023, The Louisa Swain Foundation reported income of $104k and spending of $39k, leaving 63% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $86k to $104k (+20%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 53% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Louisa Swain Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within WY. Charities of a similar size with the same main cause include Frances and Sam Fielding Foundation ($104k), Rotary Club of Longwood Foundation ($104k) and Idaho Healthcare Institute Inc ($103k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $324k against liabilities of $48k, net assets of $276k.