Southern Intercollegiate Athletic Conference Inc

Analysis

Southern Intercollegiate Athletic Conference Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Southern Intercollegiate Athletic Conference Inc reported income of $2.1m and spending of $2.1m, spending 100% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.1m (+61%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southern Intercollegiate Athletic Conference 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 86th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Dallas Stars Elite Hockey Club ($2.1m), Meadowbrook Foundation Inc ($2.1m) and Old Works Golf Course Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $263k (13% of expenses). At year end it held assets of $2.5m against liabilities of $161k, net assets of $2.3m. It reported 3 employees.