Society for International Development Sid

Analysis

Society for International Development Sid is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1961, 65 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Society for International Development Sid reported income of $1.5m and spending of $1.5m, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $410k to $1.5m (+269%), an average of +30% a year. The sharpest change came in the year to December 2019, when income rose by 108%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Society for International Development Sid sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 62nd percentile within DC. Charities of a similar size with the same main cause include Lebanese Information Center Inc ($1.5m), National Assoc of Japan-America Societies Incorporated ($1.5m) and Center for Peace Communications Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $143k (9.7% of expenses). Other salaries and wages came to $496k. At year end it held assets of $1.6m against liabilities of $2.5m, net assets of -$892k.