Southern Society for Clinical Investigation Inc

Analysis

Southern Society for Clinical Investigation Inc is a registered charity in United States, based in Dora, AL. It received its IRS tax-exemption ruling in October 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southern Society for Clinical Investigation Inc reported income of $482k and spending of $518k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $575k to $482k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Society for Clinical Investigation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within AL. Charities of a similar size with the same main cause include Mbef College & Career Academies ($482k), St Benedicts Corporation ($482k) and Iesa Foundation ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $248k (48% of expenses). Other salaries and wages came to $3,625. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 2 employees.