Southfiled Village Inc

Analysis

Southfiled Village Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Southfiled Village Inc reported income of $10.6m and spending of $11.5m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $10.6m (+97%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southfiled Village Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Palo Alto Community Child Care ($10.6m), All Care Hospice Inc ($10.6m) and Ho Ola Lahui Hawaii ($10.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $15.9m against liabilities of $17.0m, net assets of -$1.0m. It reported 143 employees.