Southern Capital Project

Analysis

Southern Capital Project is a registered charity in United States, based in N Little Rock, AR. It received its IRS tax-exemption ruling in March 2022, 4 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 (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, Southern Capital Project reported income of $112k and spending of $101k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $112k (+6.4%), an average of +6.4% a year. Over the whole period it spent 49% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southern Capital Project sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within AR. Charities of a similar size with the same main cause include National Charity League Inc ($112k), Anchorra ($113k) and Destination 39 3 Inc ($112k).

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 $137k against liabilities of $0, net assets of $137k.