Southland Development Authority NFP

Analysis

Southland Development Authority NFP is a registered charity in United States, based in Tinley Park, IL. It received its IRS tax-exemption ruling in October 2020, 6 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, Southland Development Authority NFP reported income of $3.2m and spending of $3.7m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $605k to $3.2m (+437%), an average of +52% a year. The sharpest change came in the year to December 2020, when income rose by 224%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southland Development Authority NFP sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include We Are Groundswell ($3.2m), Cong Mikva Yisrael of W P B ($3.3m) and Ohio History Connection Foundation ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Other salaries and wages came to $641k. At year end it held assets of $1.1m against liabilities of $1.1m, net assets of -$18k. It reported 14 employees.