Southmountain Children and Family Services

Analysis

Southmountain Children and Family Services is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in September 1958, 68 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Southmountain Children and Family Services reported income of $6.9m and spending of $6.9m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.6m to $6.9m (+22%), an average of +5.0% a year. The sharpest change came in the year to September 2020, when income rose by 20%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southmountain Children and Family Services sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include The Non-Gmo Project ($6.8m), Healthy Minds Healthy Lives Foundation ($6.9m) and Cross Timbers Hospice Inc ($6.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $8.2m against liabilities of $209k, net assets of $8.0m. It reported 90 employees.