Southside Harm Reduction Services

Analysis

Southside Harm Reduction Services is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Southside Harm Reduction Services reported income of $3.4m and spending of $1.4m, leaving 58% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $680k to $3.4m (+395%), an average of +122% a year. The sharpest change came in the year to December 2023, when income rose by 253%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southside Harm Reduction Services sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Womens Resource & Rape Assistance Program ($3.4m), Special Friends Foundation Inc ($3.4m) and League for the Blind and Disabled Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (5.7% of expenses). Other salaries and wages came to $613k. It paid $22k in professional fundraising fees. At year end it held assets of $2.6m against liabilities of $112k, net assets of $2.5m. It reported 20 employees.