Side X Side Inc

Analysis

Side X Side Inc is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Side X Side Inc reported income of $536k and spending of $500k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $680k to $536k (-21%), an average of -7.6% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Side X Side Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within ME. Charities of a similar size with the same main cause include Native Nations Education Foundation ($536k), Massachusetts Science & Engineering Fair Inc ($536k) and National Association of Search and Rescue Inc ($536k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $103k (21% of expenses). Other salaries and wages came to $172k. At year end it held assets of $217k against liabilities of $14k, net assets of $203k. It reported 6 employees.