Southern Development Foundation

Analysis

Southern Development Foundation is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in September 1973, 53 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Southern Development Foundation reported income of $329k and spending of $170k, leaving 48% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $183k to $329k (+80%), an average of +12% a year. The sharpest change came in the year to December 2019, when income rose by 76%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southern Development Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within LA. Charities of a similar size with the same main cause include Homeless Period Project ($329k), Desert Best Friends Closet ($329k) and Diabetes Education and Camping Association ($329k).

At year end it held assets of $2.6m against liabilities of $1.2m, net assets of $1.4m.