Kyle Swanson Legacy Fund

Analysis

Kyle Swanson Legacy Fund is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 2022, 4 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 (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, Kyle Swanson Legacy Fund reported income of $219k and spending of $33k, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $219k (+191%), an average of +191% a year. The sharpest change came in the year to December 2023, when income rose by 191%. Over the whole period it spent 15% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kyle Swanson Legacy Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Bella Vista Foundation ($219k), Greater Delaware County Community Foundation ($219k) and Daniel Foundation Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $250k against liabilities of $0, net assets of $250k.