South Side Healthy Community Organization Inc

Analysis

South Side Healthy Community Organization Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, South Side Healthy Community Organization Inc reported income of $12.6m and spending of $11.2m, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $17.5m to $12.6m (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, South Side Healthy Community Organization Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include North Carolina Alliance of Public Health Agencies Inc ($12.6m), Bridgeport Hospital Foundation Inc ($12.6m) and Capitol County Childrens Collaborative Inc ($12.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $540k (4.8% of expenses). Other salaries and wages came to $930k. At year end it held assets of $37.9m against liabilities of $36.5m, net assets of $1.4m. It reported 45 employees.