Southwest Organizations Unifying Resources for Our Community & Empl

Analysis

Southwest Organizations Unifying Resources for Our Community & Empl is a registered charity in United States, based in Wyoming, MI. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Southwest Organizations Unifying Resources for Our Community & Empl reported income of $1.5m and spending of $1.1m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.5m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income dropped by 35%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southwest Organizations Unifying Resources for Our Community & Empl sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Better Business Bureau of Metropolitan Houston Educational F ($1.4m), Blockchain Charity Foundation USA ($1.5m) and No Limits Cafe ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $105k (9.6% of expenses). Other salaries and wages came to $581k. At year end it held assets of $1.8m against liabilities of $886k, net assets of $924k. It reported 14 employees.