South Side Office of Concern

Analysis

South Side Office of Concern is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in August 1985, 41 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, South Side Office of Concern reported income of $5.5m and spending of $4.3m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $5.5m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Side Office of Concern sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Phoebe Corporate and Community Based Services Inc ($5.5m), Parkside Homes Inc ($5.5m) and Ability Center of Greater Toledo ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $130k (3.0% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $16.7m against liabilities of $2.1m, net assets of $14.6m. It reported 69 employees.