South Lane Maintenance Corporation

Analysis

South Lane Maintenance Corporation is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in November 1983, 43 years ago. Its declared purposes cover employment, 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 June 2024, South Lane Maintenance Corporation reported income of $436k and spending of $481k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $370k to $436k (+18%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Lane Maintenance Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OR. Charities of a similar size with the same main cause include Beech Community Services ($436k), Blac Inc ($436k) and Lexington Community Radio Inc ($436k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $76k (16% of expenses). Other salaries and wages came to $247k. At year end it held assets of $332k against liabilities of $26k, net assets of $306k. It reported 19 employees.