Southwest Community Ministries Inc

Analysis

Southwest Community Ministries Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover human services, 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 June 2023, Southwest Community Ministries Inc reported income of $458k and spending of $450k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $515k to $458k (-11%), an average of -3.8% a year. The sharpest change came in the year to June 2021, when income rose by 90%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southwest Community Ministries Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within KY. Charities of a similar size with the same main cause include Inner City Hope Corporation ($458k), Interfaith Hospitality Network of Colorado Springs ($458k) and Mendocino Coast Childrens Fund ($458k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $55k (12% of expenses). Other salaries and wages came to $86k. It paid $5,000 in professional fundraising fees. At year end it held assets of $697k against liabilities of $96, net assets of $696k. It reported 6 employees.