South Central Industries Inc

Analysis

South Central Industries Inc is a registered charity in United States, based in Shawnee, OK. It received its IRS tax-exemption ruling in May 1984, 42 years ago. Its declared purposes cover employment, 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 2024, South Central Industries Inc reported income of $10.8m and spending of $9.1m, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.7m to $10.8m (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Central Industries Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OK. Charities of a similar size with the same main cause include Ocab Inc Community Action Agency ($10.8m), Arizona Pipe Trades Joint Apprenticeship Trust ($10.8m) and National Main Street Center Inc ($10.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.2% and program service revenue 94% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $9.7m against liabilities of $329k, net assets of $9.4m. It reported 82 employees.