Southern Crescent Resource Ministries Inc

Analysis

Southern Crescent Resource Ministries Inc is a registered charity in United States, based in McDonough, GA. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Southern Crescent Resource Ministries Inc reported income of $17.3m and spending of $17.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.7m to $17.3m (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southern Crescent Resource Ministries Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include The Partnership for Maternal and Child Health of Northern NJ Inc ($17.3m), Auberle ($17.3m) and Toward Independence Inc ($17.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $54k (0.3% of expenses). At year end it held assets of $753k against liabilities of $4,355, net assets of $749k. It reported 2 employees.