Socialization Independence Development Empowerment Inc

Analysis

Socialization Independence Development Empowerment Inc is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Socialization Independence Development Empowerment Inc reported income of $258k and spending of $256k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $215k to $258k (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Socialization Independence Development Empowerment Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within KS. Charities of a similar size with the same main cause include RX Compassion Inc ($258k), National Leiomyosarcoma Foundation ($258k) and Wallace Rheumatic Diseases Foundation ($257k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $26k (10% of expenses). Other salaries and wages came to $117k. At year end it held assets of $96k against liabilities of $1,288, net assets of $95k. It reported 8 employees.