Southern Communication Volunteers Inc

Analysis

Southern Communication Volunteers Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 1974, 52 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Southern Communication Volunteers Inc reported income of $234k and spending of $236k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $228k to $234k (+2.8%), an average of +0.7% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southern Communication Volunteers Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within TN. Charities of a similar size with the same main cause include Carpenter Square Theatre Inc ($234k), Grand Mesa Arts & Events Center Inc ($234k) and Bowman County Historical & Geneological Society ($234k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $72k (31% of expenses). At year end it held assets of $47k against liabilities of $33k, net assets of $14k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.