South of South Neighborhood Association Inc

Analysis

South of South Neighborhood Association Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover community improvement and capacity building, 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, South of South Neighborhood Association Inc reported income of $237k and spending of $109k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $237k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 1052%. Over the whole period it spent 109% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South of South Neighborhood Association Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Dress for Success Worcester Inc ($237k), Focus NJ Inc ($238k) and Das Foundation Inc ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $1,894. At year end it held assets of $212k against liabilities of $0, net assets of $212k.