Southern Illinois Now

Analysis

Southern Illinois Now is a registered charity in United States, based in Carbondale, IL. It received its IRS tax-exemption ruling in January 2023, 3 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Southern Illinois Now reported income of $376k and spending of $283k, leaving 25% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $202k to $376k (+86%), an average of +86% a year. The sharpest change came in the year to March 2024, when income rose by 86%. Over the whole period it spent 59% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southern Illinois Now sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Mishicot Area Growth and Improvement Committee Inc ($375k), Greater Waterbury Chamber of Commerce Foundation Inc ($376k) and South Carolina Equine Promotion Foundation Inc ($375k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.