Southside Family Nurturing Center

Analysis

Southside Family Nurturing Center is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1977, 49 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southside Family Nurturing Center reported income of $1.1m and spending of $1.2m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $865k to $1.1m (+31%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 88% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Southside Family Nurturing Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include The Prison Scholar Fund ($1.1m), Justice Center of Atlanta Inc ($1.1m) and Texas After Violence Project ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $142k (12% of expenses). Other salaries and wages came to $546k. At year end it held assets of $2.5m against liabilities of $274k, net assets of $2.3m. It reported 24 employees.