Sweet Repeat Charitable Foundation
Sweet Repeat Charitable Foundation shows consistent revenue growth and strong financial health with no officer compensation.
EIN: 20802303 · Lake Wylie, SC · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $567K |
| Total Expenses | $460K |
| Program Spending | 90% |
| Net Assets | $371K |
| Transparency Score | 92/100 |
Is Sweet Repeat Charitable Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sweet Repeat Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sweet Repeat Charitable Foundation
Sweet Repeat Charitable Foundation (EIN: 20802303) is a nonprofit organization based in Lake Wylie, SC, classified under NTEE code T30. The organization reported total revenue of $567K and total assets of $341K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sweet Repeat Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sweet Repeat Charitable Foundation is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $547K |
| Total Expenses | $460K |
| Surplus / Deficit | +$87K |
| Total Assets | $371K |
| Net Assets | $371K |
| Operating Margin | 16.0% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2024, Sweet Repeat Charitable Foundation reported a surplus of $87K with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Sweet Repeat Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +27.9% | +18.2% | +30.6% |
| 2023 | +18.2% | +54.0% | +15.8% |
| 2022 | +50.5% | +3.3% | +72.8% |
| 2021 | +4.8% | -2.1% | -2.8% |
| 2020 | -14.6% | +19.3% | -9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sweet Repeat Charitable Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Sweet Repeat Charitable Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $87K, with revenue exceeding expenses.
Executive Compensation Analysis
Sweet Repeat Charitable Foundation reports 0% officer compensation across all available filings, indicating that its leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence and resource allocation directly to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Sweet Repeat Charitable Foundation:
- Consistent revenue growth, increasing from $229,252 in 2020 to $546,934 in 2024.
- Zero liabilities reported in the latest filings (202306, 202406), indicating strong financial stability.
- No officer compensation reported across all filings, suggesting high efficiency and volunteer leadership.
- Healthy asset accumulation, growing from $146,182 in 2020 to $371,122 in 2024.
- Strong program spending ratio, directing a significant majority of expenses to its mission.
Frequently Asked Questions about Sweet Repeat Charitable Foundation
Is Sweet Repeat Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sweet Repeat Charitable Foundation (EIN: 20802303) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Sweet Repeat Charitable Foundation spend its money?
Sweet Repeat Charitable Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sweet Repeat Charitable Foundation tax-deductible?
Sweet Repeat Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 20802303). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sweet Repeat Charitable Foundation's spending goes to programs?
Sweet Repeat Charitable Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sweet Repeat Charitable Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Sweet Repeat Charitable Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sweet Repeat Charitable Foundation located?
Sweet Repeat Charitable Foundation is headquartered in Lake Wylie, South Carolina and files with the IRS under EIN 20802303. It is classified under NTEE code T30.
How many years of IRS 990 filings does Sweet Repeat Charitable Foundation have?
Sweet Repeat Charitable Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $567K in total revenue.
How does Sweet Repeat Charitable Foundation manage to operate without officer compensation?
The filings consistently show 0% officer compensation, suggesting that the organization relies heavily on volunteer leadership or that compensation for key personnel is categorized differently within their expense structure, which is a strong indicator of efficiency.
What is the primary source of Sweet Repeat Charitable Foundation's revenue growth?
While the specific sources aren't detailed in the provided data, the consistent increase in revenue from $229,252 in 2020 to $546,934 in 2024 suggests successful fundraising efforts or increasing community support for its programs.
Does the organization have sufficient reserves for future operations?
With assets of $371,122 and zero liabilities in the latest filing (202406), the organization appears to have a healthy reserve, capable of covering several months of operating expenses, which were $459,624 in the same period.
Filing History
IRS 990 filing history for Sweet Repeat Charitable Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Sweet Repeat Charitable Foundation's revenue has grown by 366.3%, moving from $117K to $547K. Total assets increased by 313% over the same period, from $90K to $371K. Total functional expenses rose by 316.9%, from $110K to $460K. In its most recent filing year (2024), Sweet Repeat Charitable Foundation reported a surplus of $87K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $547K | $460K | $371K | $0 | — | — |
| 2023 | $428K | $389K | $284K | $0 | — | View 990 |
| 2022 | $362K | $253K | $246K | $0 | — | View 990 |
| 2021 | $240K | $244K | $142K | $6K | — | View 990 |
| 2020 | $229K | $250K | $146K | $5K | — | View 990 |
| 2019 | $268K | $209K | $162K | $103K | — | View 990 |
| 2018 | $219K | $181K | $103K | $103K | — | View 990 |
| 2017 | $170K | $177K | $60K | $961 | — | View 990 |
| 2016 | $186K | $208K | $66K | $0 | — | View 990 |
| 2015 | $171K | $187K | $89K | $987 | — | View 990 |
| 2014 | $153K | $151K | $105K | $675 | — | View 990 |
| 2013 | $129K | $107K | $102K | $0 | — | View 990 |
| 2012 | $117K | $110K | $90K | $72K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $547K, expenses of $460K, and assets of $371K (revenue +27.9% year-over-year).
- 2023: Revenue of $428K, expenses of $389K, and assets of $284K (revenue +18.2% year-over-year).
- 2022: Revenue of $362K, expenses of $253K, and assets of $246K (revenue +50.5% year-over-year).
- 2021: Revenue of $240K, expenses of $244K, and assets of $142K (revenue +4.8% year-over-year).
- 2020: Revenue of $229K, expenses of $250K, and assets of $146K (revenue -14.6% year-over-year).
- 2019: Revenue of $268K, expenses of $209K, and assets of $162K (revenue +22.3% year-over-year).
- 2018: Revenue of $219K, expenses of $181K, and assets of $103K (revenue +28.9% year-over-year).
- 2017: Revenue of $170K, expenses of $177K, and assets of $60K (revenue -8.5% year-over-year).
- 2016: Revenue of $186K, expenses of $208K, and assets of $66K (revenue +8.9% year-over-year).
- 2015: Revenue of $171K, expenses of $187K, and assets of $89K (revenue +11.5% year-over-year).
- 2014: Revenue of $153K, expenses of $151K, and assets of $105K (revenue +18.5% year-over-year).
- 2013: Revenue of $129K, expenses of $107K, and assets of $102K (revenue +10.2% year-over-year).
- 2012: Revenue of $117K, expenses of $110K, and assets of $90K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sweet Repeat Charitable Foundation:
Data Sources and Methodology
This transparency report for Sweet Repeat Charitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.