Southwest Improvement Council Inc
Analysis
Southwest Improvement Council Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 1988, 38 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 December 2023, Southwest Improvement Council Inc reported income of $2.6m and spending of $719k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $406k to $2.6m (+534%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 352%. Over the whole period it spent 62% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southwest Improvement Council Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Consumer Credit and Budget Counseling Inc ($2.6m), Him Food Bank Inc ($2.6m) and Boomcommunity Services Inc ($2.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.1% of the total. Other salaries and wages came to $358k. It paid $22k in professional fundraising fees. At year end it held assets of $2.7m against liabilities of $467k, net assets of $2.2m. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 3.1%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Consumer Credit and Budget Counseling Inc | Marmora | $2.6m |
| Him Food Bank Inc | Mansfield | $2.6m |
| Boomcommunity Services Inc | Bronx | $2.6m |
| New Politics Leadership Academy Inc | Chelsea | $2.6m |