Side by Side Inc

Analysis

Side by Side Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in June 1981, 45 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Side by Side Inc reported income of $543k and spending of $522k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $491k to $543k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Side by Side Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Celebrate Kids Inc ($543k), Christian Harvest International ($543k) and Shepherds Global Classroom Inc ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $60k (12% of expenses). Other salaries and wages came to $137k. At year end it held assets of $90k against liabilities of $50k, net assets of $40k. It reported 23 employees.