Southwest Area Neighborhood Association
Analysis
Southwest Area Neighborhood Association is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Southwest Area Neighborhood Association reported income of $533k and spending of $601k, spending 113% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $498k to $533k (+7.1%), an average of +1.7% a year. The sharpest change came in the year to September 2022, when income rose by 219%. Over the whole period it spent 89% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southwest Area Neighborhood Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Baking Memories 4 Kids Inc ($533k), Project Dove ($533k) and MCC Material Resource Center of Harleysville ($533k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 86% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $52k (8.7% of expenses). Other salaries and wages came to $181k. At year end it held assets of $341k against liabilities of $55k, net assets of $286k. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Program services 1.4%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Baking Memories 4 Kids Inc | Winter Garden | $533k |
| Project Dove | Ontario | $533k |
| MCC Material Resource Center of Harleysville | Souderton | $533k |
| Southeast Immigrant Rights Network Inc | College Park | $533k |