South Side Help Center Inc

Analysis

South Side Help Center Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1989, 37 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 2023, South Side Help Center Inc reported income of $2.0m and spending of $2.3m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.0m (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Side Help Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include New York School of Urban Ministry Inc ($2.0m), Inter-Tribal Council Inc ($2.0m) and Monterey County Rape Crisis Center ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $535k against liabilities of $959k, net assets of -$423k. It reported 37 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.