Southwoods Property Inc

Analysis

Southwoods Property Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southwoods Property Inc reported income of $283k and spending of $261k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $270k to $283k (+4.9%), an average of +1.6% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Southwoods Property 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 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Richard S Lieb Senior Apartments Inc ($283k), Asi Southern Nevada Inc ($283k) and Allen Affordable Housing Development Fund Corp ($283k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $57k. At year end it held assets of $996k against liabilities of $963k, net assets of $33k.