Southwest Community Development Corp

Analysis

Southwest Community Development Corp is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1988, 38 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 December 2023, Southwest Community Development Corp reported income of $1.9m and spending of $1.6m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $988k to $1.9m (+89%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 103%. 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 Community Development Corp 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 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Playdate Inc ($1.9m), Messiah Lifeways Community Support Services ($1.9m) and Riverside Childrens Center Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $93k (5.8% of expenses). Other salaries and wages came to $912k. At year end it held assets of $1.0m against liabilities of $219k, net assets of $801k. It reported 30 employees.