Sweetwater Family Resource Center

Analysis

Sweetwater Family Resource Center is a registered charity in United States, based in Rock Springs, WY. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Sweetwater Family Resource Center reported income of $1.6m and spending of $1.4m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $375k to $1.6m (+317%), an average of +61% a year. The sharpest change came in the year to June 2021, when income rose by 131%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sweetwater Family Resource Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within WY. Charities of a similar size with the same main cause include Smart Futures ($1.6m), Baltimore Urban League ($1.6m) and Grand Rapids Early Discovery ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $306k. At year end it held assets of $206k against liabilities of $11k, net assets of $195k. It reported 10 employees.