The South City Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 257,100 | 76,958 | 180,142 | 30.1 | 25% |
| 2020 | 199,428 | 201,121 | −1,693 | 11.4 | 27% |
| 2021 | 206,094 | 323,873 | −117,779 | 2.7 | 22% |
| 2022 | 202,716 | 229,894 | −27,178 | 2.5 | 29% |
| 2023 | 278,959 | 414,609 | −135,650 | -2.2 | 27% |
In its most recent public year (2023), this organization spent $135,650 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.2 months), down from 30.1 in 2019. Staff pay was 27% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
The South City Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works