Swaida American Society

Analysis

Swaida American Society is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2020, 6 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 (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, Swaida American Society reported income of $114k and spending of $161k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $176k to $114k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Swaida American Society sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 21st percentile within DC. Charities of a similar size with the same main cause include Union Club Foundation ($114k), Hastings Band Boosters ($114k) and Spring-Ford Music Association ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.