Southern CC Inc

Analysis

Southern CC Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in January 2017, 9 years ago. 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, Southern CC Inc reported income of $51k and spending of $56k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $110k to $51k (-54%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern CC Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Soroptimist International of the Americas Inc ($51k), Little League Baseball Inc ($51k) and Genesis Place Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $104k against liabilities of $19k, net assets of $85k.