South Modesto Businesses United Inc

Analysis

South Modesto Businesses United Inc is a registered charity in United States, based in Hughson, CA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. 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 2022, South Modesto Businesses United Inc reported income of $94k and spending of $112k, spending 119% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $100k to $94k (-5.8%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Modesto Businesses United Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include North Central Human Services Inc ($94k), St Cecelia Catholic Church Foundation ($94k) and Thanh Duyen Meditation Center ($94k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 26% and program service revenue 69% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.