Southside Youth Development Inc

Analysis

Southside Youth Development Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Youth Development Inc reported income of $70k and spending of $67k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $70k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Southside Youth Development Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within TN. Charities of a similar size with the same main cause include 60feet6 Foundation ($70k), Ismael Cala Foundation Inc ($70k) and Fountain Inn Kid Enrichment Center ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.