Switch

Analysis

Switch is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in October 2014, 12 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 December 2023, Switch reported income of $432k and spending of $376k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $518k to $432k (-17%), an average of -4.4% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Switch sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within SC. Charities of a similar size with the same main cause include Friendship Circle of Miami Inc ($432k), Somerset County Mobile Food Bank ($432k) and Smarty Pants Daycare Inc ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $41k (11% of expenses). Other salaries and wages came to $138k. At year end it held assets of $127k against liabilities of $11k, net assets of $116k. It reported 11 employees.