South Side Farms

Analysis

South Side Farms is a registered charity in United States, based in Cpe Girardeau, MO. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Side Farms reported income of $550k and spending of $220k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $550k (+566%), an average of +566% a year. The sharpest change came in the year to December 2023, when income rose by 566%. Over the whole period it spent 36% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Side Farms sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within MO. Charities of a similar size with the same main cause include Farm to Table Buy Local ($550k), Lee County Council on Aging ($550k) and Pride Youth Servces Inc ($550k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $40k (18% of expenses). Other salaries and wages came to $55k. At year end it held assets of $410k against liabilities of $5,783, net assets of $404k. It reported 1 employees.