South County News

Analysis

South County News is a registered charity in United States, based in Schoolcraft, MI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, South County News reported income of $199k and spending of $216k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $189k to $199k (+5.3%), an average of +5.3% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South County News sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include New Manchester Volunteer Fire Department Inc ($199k), Atrium Apartments Inc ($199k) and Little League Baseball Inc ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $109k against liabilities of $86k, net assets of $23k.