Southwest Human Development Incorporated

Analysis

Southwest Human Development Incorporated is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 1983, 43 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 June 2024, Southwest Human Development Incorporated reported income of $84.9m and spending of $86.1m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $67.8m to $84.9m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest Human Development Incorporated sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AZ. Charities of a similar size with the same main cause include Community Housing Partners Corporation ($84.6m), Alexian Brothers Behavioral Health Hospital ($85.2m) and Goodwill Industries of San Antonio ($84.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $679k (0.8% of expenses). Other salaries and wages came to $42.7m. At year end it held assets of $68.8m against liabilities of $15.1m, net assets of $53.7m. It reported 1,017 employees.