Southsiders Organized for Unity and Liberation

Analysis

Southsiders Organized for Unity and Liberation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Southsiders Organized for Unity and Liberation reported income of $1.3m and spending of $688k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $1.3m (+450%), an average of +53% a year. The sharpest change came in the year to December 2020, when income rose by 301%. Over the whole period it spent 50% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Southsiders Organized for Unity and Liberation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Academic Consortium for Integrative Medicine & Health Inc ($1.3m), Missouri Lawyer Trust Account Foundation ($1.3m) and Society of St Vincent Depaul District Council of Gary Indiana I ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $100k (15% of expenses). Other salaries and wages came to $412k. At year end it held assets of $2.6m against liabilities of $40k, net assets of $2.5m. It reported 12 employees.