Southside Organizing Committee Inc

Analysis

Southside Organizing Committee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in June 1992, 34 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, Southside Organizing Committee Inc reported income of $660k and spending of $458k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $353k to $660k (+87%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 177%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southside Organizing Committee Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within WI. Charities of a similar size with the same main cause include Transforming Age Foundation ($660k), Greater Derry Community Health Services Inc ($660k) and World Flying Disc Federation ($660k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $184k (40% of expenses). Other salaries and wages came to $119k. At year end it held assets of $1.2m against liabilities of $69k, net assets of $1.1m. It reported 10 employees.