South of Downtown Community Development Organization

Analysis

South of Downtown Community Development Organization is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, South of Downtown Community Development Organization reported income of $953k and spending of $222k, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $401k to $953k (+137%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 565%. Over the whole period it spent 34% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South of Downtown Community Development Organization sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NE. Charities of a similar size with the same main cause include San Bernardino Senior Housing Inc ($953k), Mental Health Housing Foundation ($953k) and Fayetteville Area Operationinasmuch ($953k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $3.2m against liabilities of $237k, net assets of $3.0m.