Southern Hills Preservation Corporation Inc

Analysis

Southern Hills Preservation Corporation Inc is a registered charity in United States, based in LA Fayette, NY. It received its IRS tax-exemption ruling in March 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Southern Hills Preservation Corporation Inc reported income of $180k and spending of $178k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $380k to $180k (-53%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 67%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Southern Hills Preservation Corporation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Providence Place VI Inc ($180k), Northcliff Gardens Incorporated ($180k) and Rebuilding Together-San Diego ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Other salaries and wages came to $65k. At year end it held assets of $779k against liabilities of $243k, net assets of $536k. It reported 1 employees.