South Davidson Family Resource

Analysis

South Davidson Family Resource is a registered charity in United States, based in Denton, NC. It received its IRS tax-exemption ruling in April 1998, 28 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 December 2023, South Davidson Family Resource reported income of $73k and spending of $64k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $119k to $73k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Davidson Family Resource sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include McKinley Area Residential Alternatives Inc-Mara ($73k), Quin-Town Center for Senior Citizens ($73k) and Fishing Has No Boundaries Hayward Wisconsin Chapter Inc ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $22k. At year end it held assets of $376k against liabilities of $1,611, net assets of $375k. It reported 6 employees.