South Harrison Comm Development Corp

Analysis

South Harrison Comm Development Corp is a registered charity in United States, based in Elizabeth, IN. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2024, South Harrison Comm Development Corp reported income of $51k and spending of $113k, spending 221% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income grew from $46k to $51k (+12%), an average of +2.2% a year. The sharpest change came in the year to September 2022, when income rose by 179%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Harrison Comm Development Corp sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within IN. Charities of a similar size with the same main cause include Staff of Hope ($51k), Baldwin Society Supporting Older Adults ($51k) and Operation Helping Kids ($51k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 48% and program service revenue 28% of the total. At year end it held assets of $1.7m against liabilities of $1,169, net assets of $1.7m.