Serving Our Community with Kindness in Springwood Inc

Analysis

Serving Our Community with Kindness in Springwood Inc is a registered charity in United States, based in Belmont, NC. It received its IRS tax-exemption ruling in March 1989, 37 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, Serving Our Community with Kindness in Springwood Inc reported income of $89k and spending of $85k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $66k to $89k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2020, when income rose by 123%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Serving Our Community with Kindness in Springwood Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Papermill Food Hub Inc ($89k), Silohe Evangelical Church Inc ($89k) and Georgia Extension 4-H Foundation ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $299k against liabilities of $2,862, net assets of $296k.