Southern Municipal Conference

Analysis

Southern Municipal Conference is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in August 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, Southern Municipal Conference reported income of $86k and spending of $72k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $86k (-12%), an average of -12% a year. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Municipal Conference sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within KY. Charities of a similar size with the same main cause include Illinois Area YMCA ($86k), Ripley Heritage Inc ($86k) and Little League Baseball Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $88k against liabilities of $4,272, net assets of $84k.