Southwest United Communities Inc

Analysis

Southwest United Communities Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Southwest United Communities Inc reported income of $95k and spending of $100k, spending 105% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $87k to $95k (+9.0%), an average of +1.7% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southwest United Communities 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 35th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Boulder City Sunrise Rotary Foundation ($95k), Lincoln Economic Advancement & Development Inc ($95k) and Experience Community ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $425k against liabilities of $4,795, net assets of $420k.