Swop Behind Bars Inc

Analysis

Swop Behind Bars Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Swop Behind Bars Inc reported income of $1.2m and spending of $897k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $646k to $1.2m (+90%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Swop Behind Bars Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within NV. Charities of a similar size with the same main cause include 100 Black Men of Indianapolis Inc ($1.2m), Dadcamp Inc ($1.2m) and Freedom House ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (9.5% of expenses). Other salaries and wages came to $321k. At year end it held assets of $195k against liabilities of $6,426, net assets of $188k. It reported 18 employees.