Side by Side Incorporated

Analysis

Side by Side Incorporated is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Side by Side Incorporated reported income of $122k and spending of $115k, spending 94% of its income. Across the 3 years on record, from June 2020 to June 2023, income fell from $269k to $122k (-54%), an average of -32% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Side by Side Incorporated sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within MD. Charities of a similar size with the same main cause include Franklin High School Athletic Booster Club Inc ($122k), Princeton Middle School Parent Teacher Organization Inc ($122k) and Washington School PTO ($122k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $101k against liabilities of $27k, net assets of $74k.