Southlands Foundation

Analysis

Southlands Foundation is a registered charity in United States, based in Rhinebeck, NY. It received its IRS tax-exemption ruling in March 1985, 41 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southlands Foundation reported income of $938k and spending of $1.0m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $873k to $938k (+7.5%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southlands Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Sunnyvale Swim Club ($938k), Canyon School Booster Club ($938k) and Lawyers Concerned for Lawyers of Pennsylvania ($938k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $57k (5.6% of expenses). Other salaries and wages came to $341k. At year end it held assets of $4.7m against liabilities of $52k, net assets of $4.7m. It reported 23 employees.