Southside Together Organizing for Power

Analysis

Southside Together Organizing for Power is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2019, 7 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 June 2023, Southside Together Organizing for Power reported income of $887k and spending of $884k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $370k to $887k (+140%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southside Together Organizing for Power sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Mainstreet Waynesboro Inc ($886k), Stein Senior Center Inc ($888k) and Bridging Virginia Inc ($885k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $264k (30% of expenses). Other salaries and wages came to $58k. At year end it held assets of $423k against liabilities of $240k, net assets of $184k. It reported 8 employees.