Southland Conference 070195

Analysis

Southland Conference 070195 is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southland Conference 070195 reported income of $4.3m and spending of $5.4m, spending 124% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.4m to $4.3m (+26%), an average of +8.0% a year. The sharpest change came in the year to June 2021, when income rose by 62%. Over the whole period it spent 114% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southland Conference 070195 sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Soccer Without Borders ($4.3m), Spark ($4.3m) and Chicago Parks Foundation ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $525k (9.8% of expenses). Other salaries and wages came to $500k. At year end it held assets of $10.0m against liabilities of $10.9m, net assets of -$902k. It reported 14 employees.