Southside Youth Organization

Analysis

Southside Youth Organization is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Southside Youth Organization reported income of $131k and spending of $133k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $118k to $131k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income dropped by 100%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Southside Youth Organization sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Spur N Up Hope Inc ($131k), Camp Phoenix ($131k) and Onslow Classic Soccer Association Inc ($131k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $21k against liabilities of $0, net assets of $21k. It reported 1 employees.