Swift Charities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 959,383 | 856,233 | 103,150 | 15.4 | 0% |
| 2021 | 797,307 | 1,159,327 | −362,020 | 8.1 | 0% |
| 2022 | 895,234 | 752,733 | 142,501 | 14.3 | 0% |
| 2023 | 871,724 | 665,258 | 206,466 | 19.1 | 0% |
In its most recent public year (2023), this organization brought in $206,466 more than it spent. Its reserves stood at about 19.1 months of spending, up from 15.4 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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