Byron S Swearingen Trust 8350 TW 51288 Nect

Analysis

Byron S Swearingen Trust 8350 TW 51288 Nect is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in December 1970, 56 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Byron S Swearingen Trust 8350 TW 51288 Nect reported income of $679k and spending of $287k, leaving 58% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $309k to $679k (+120%), an average of +22% a year. The sharpest change came in the year to October 2023, when income rose by 233%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Byron S Swearingen Trust 8350 TW 51288 Nect sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within MO. Charities of a similar size with the same main cause include Notre Dame Academy Foundation ($679k), Kennedy Memorial Fund ($679k) and United States Association for Small Business and Entrepreneurship ($679k).

Compensation of current officers, directors and key employees was $83k (29% of expenses). At year end it held assets of $6.5m against liabilities of $0, net assets of $6.5m.