Southwest Network

Analysis

Southwest Network is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Southwest Network reported income of $34.2m and spending of $34.2m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $35.5m to $34.2m (-3.6%), an average of -0.9% a year. The sharpest change came in the year to September 2023, when income dropped by 17%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southwest Network sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include Carolina Health Centers Inc ($34.2m), Bridgeway Behavioral Health Services a NJ Nonprofit Corporatio ($34.2m) and H Lee Moffitt Cancer Center and Research Institute Foundation Inc ($34.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $2.9m (8.5% of expenses). Other salaries and wages came to $18.4m. At year end it held assets of $24.3m against liabilities of $10.8m, net assets of $13.5m. It reported 487 employees.