Southside Community Health Services Inc

Analysis

Southside Community Health Services Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 1971, 55 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Southside Community Health Services Inc reported income of $13.4m and spending of $12.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.5m to $13.4m (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southside Community Health Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include Bayou LA Batre Area Health Development Board Inc ($13.4m), Fidelity Resources Incorporated ($13.4m) and Pike County Recovery Council Inc ($13.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $257k (2.0% of expenses). Other salaries and wages came to $6.9m. It paid $89k in professional fundraising fees. At year end it held assets of $8.8m against liabilities of $4.5m, net assets of $4.3m. It reported 134 employees.