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Southwest Improvement Council Inc

RegisteredEIN 74-2510477Denver, COPoverty relief
Income$2.6m2023-12
Spending$719ksame year
Spent / received62%5-year average
Size in its cause85th pctPoverty relief
Exempt since1988Publicly supported organisat
Employees11latest return

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

$0$643k$1.3m$1.9m$2.6m2019 Income: $406,0172019 Spending: $491,92720192020 Income: $516,3032020 Spending: $560,60520202021 Income: $572,8502021 Spending: $583,72020212022 Income: $568,6032022 Spending: $538,06920222023 Income: $2,572,6462023 Spending: $718,7312023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Program services 3.1%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
Consumer Credit and Budget Counseling IncMarmora$2.6m
Him Food Bank IncMansfield$2.6m
Boomcommunity Services IncBronx$2.6m
New Politics Leadership Academy IncChelsea$2.6m