South Sudanese Foundation

Analysis

South Sudanese Foundation is a registered charity in United States, based in Moorhead, MN. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, South Sudanese Foundation reported income of $1.2m and spending of $1.2m, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $385k to $1.2m (+210%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 119% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Sudanese Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Northern Cambria Community Development Corporation ($1.2m), Garfield Park Community Council ($1.2m) and Colorado Laborers & Contractors Education & Training Fund ($1.2m).

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 $62k (5.0% of expenses). Other salaries and wages came to $90k. At year end it held assets of $43k against liabilities of $544k, net assets of -$501k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.