Side by Side Inc

Analysis

Side by Side Inc is a registered charity in United States, based in Lake Geneva, WI. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Side by Side Inc reported income of $57k and spending of $76k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $57k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Side by Side Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within WI. Charities of a similar size with the same main cause include CMC BBQ Foundation ($57k), The East Valley Community Foundation Incorporated ($57k) and Lacey PAC Adaptive Movement Center ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $82k against liabilities of $225, net assets of $82k.