Switzer Learning Center

Analysis

Switzer Learning Center is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in December 1966, 60 years ago. 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 June 2023, Switzer Learning Center reported income of $3.1m and spending of $3.3m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.1m to $3.1m (-25%), an average of -6.8% a year. The sharpest change came in the year to June 2021, when income dropped by 24%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Switzer Learning Center sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Austin Jewish Academy ($3.1m), Page Education Foundation ($3.1m) and Girl Scouts of New Mexico Trails Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $166k (5.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.4m against liabilities of $319k, net assets of $4.1m. It reported 48 employees.