Swords to Plowshares Veterans Rights Organization

Analysis

Swords to Plowshares Veterans Rights Organization is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1976, 50 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 June 2023, Swords to Plowshares Veterans Rights Organization reported income of $37.3m and spending of $33.7m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.1m to $37.3m (+69%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Swords to Plowshares Veterans Rights Organization sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include St Andrews Episcopal School Inc ($37.3m), St Mary S Elderly Housing Corporation Inc ($37.4m) and American College of Chest Physicians ($37.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $720k (2.1% of expenses). Other salaries and wages came to $425k. At year end it held assets of $40.4m against liabilities of $28.3m, net assets of $12.0m. It reported 256 employees.