Southern Community Development Corporation

Analysis

Southern Community Development Corporation is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in January 2020, 6 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 December 2023, Southern Community Development Corporation reported income of $132k and spending of $133k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $445k to $132k (-70%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southern Community Development Corporation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within LA. Charities of a similar size with the same main cause include Barefoot Mission Inc ($132k), Michigan Transition Services Assoc ($132k) and Community Soup Kitchen of Wilson County Inc ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $334k against liabilities of $110k, net assets of $224k.