Southwest Community Development Corp
EIN: 232491247 · Philadelphia, PA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.6M |
| Net Assets | $801K |
Is Southwest Community Development Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southwest Community Development Corp
Southwest Community Development Corp (EIN: 232491247) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code P20. The organization reported total revenue of $1.8M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southwest Community Development Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southwest Community Development Corp is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$279K |
| Total Assets | $1.0M |
| Total Liabilities | $219K |
| Net Assets | $801K |
| Operating Margin | 14.9% |
| Debt-to-Asset Ratio | 21.5% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Southwest Community Development Corp reported a surplus of $279K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 21.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southwest Community Development Corp's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.1% | +11.2% | +37.6% |
| 2022 | -20.8% | +10.2% | -11.8% |
| 2021 | +103.4% | +32.6% | +55.5% |
| 2020 | -9.7% | +4.3% | +1.5% |
| 2019 | +17.8% | +8.9% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southwest Community Development Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Southwest Community Development Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $279K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.5%.
Frequently Asked Questions about Southwest Community Development Corp
Is Southwest Community Development Corp a legitimate charity?
Southwest Community Development Corp (EIN: 232491247) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: A.
How does Southwest Community Development Corp spend its money?
Southwest Community Development Corp reported $1.8M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southwest Community Development Corp tax-deductible?
Southwest Community Development Corp is registered as a tax-exempt nonprofit (EIN: 232491247). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southwest Community Development Corp located?
Southwest Community Development Corp is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 232491247. It is classified under NTEE code P20.
How many years of IRS 990 filings does Southwest Community Development Corp have?
Southwest Community Development Corp has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.8M in total revenue.
Filing History
IRS 990 filing history for Southwest Community Development Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southwest Community Development Corp's revenue has grown by 117%, moving from $862K to $1.9M. Total assets increased by 115.3% over the same period, from $474K to $1.0M. Total functional expenses rose by 80%, from $884K to $1.6M. In its most recent filing year (2023), Southwest Community Development Corp reported a surplus of $279K, with revenue exceeding expenses. The organization holds $219K in liabilities against $1.0M in assets (debt-to-asset ratio: 21.5%), resulting in net assets of $801K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.6M | $1.0M | $219K | — | — |
| 2022 | $1.4M | $1.4M | $742K | $220K | — | — |
| 2021 | $1.8M | $1.3M | $841K | $234K | — | View 990 |
| 2020 | $893K | $979K | $541K | $452K | — | View 990 |
| 2019 | $988K | $939K | $533K | $358K | — | View 990 |
| 2018 | $839K | $862K | $477K | $351K | — | View 990 |
| 2017 | $812K | $892K | $497K | $349K | — | — |
| 2016 | $887K | $896K | $559K | $331K | — | View 990 |
| 2015 | $812K | $815K | $559K | $322K | — | View 990 |
| 2014 | $766K | $723K | $524K | $284K | — | View 990 |
| 2013 | $811K | $726K | $509K | $312K | — | View 990 |
| 2012 | $749K | $799K | $482K | $370K | — | View 990 |
| 2011 | $862K | $884K | $474K | $312K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.6M, and assets of $1.0M (revenue +30.1% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.4M, and assets of $742K (revenue -20.8% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.3M, and assets of $841K (revenue +103.4% year-over-year).
- 2020: Revenue of $893K, expenses of $979K, and assets of $541K (revenue -9.7% year-over-year).
- 2019: Revenue of $988K, expenses of $939K, and assets of $533K (revenue +17.8% year-over-year).
- 2018: Revenue of $839K, expenses of $862K, and assets of $477K (revenue +3.3% year-over-year).
- 2017: Revenue of $812K, expenses of $892K, and assets of $497K (revenue -8.4% year-over-year).
- 2016: Revenue of $887K, expenses of $896K, and assets of $559K (revenue +9.2% year-over-year).
- 2015: Revenue of $812K, expenses of $815K, and assets of $559K (revenue +6.0% year-over-year).
- 2014: Revenue of $766K, expenses of $723K, and assets of $524K (revenue -5.6% year-over-year).
- 2013: Revenue of $811K, expenses of $726K, and assets of $509K (revenue +8.3% year-over-year).
- 2012: Revenue of $749K, expenses of $799K, and assets of $482K (revenue -13.1% year-over-year).
- 2011: Revenue of $862K, expenses of $884K, and assets of $474K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southwest Community Development Corp:
Data Sources and Methodology
This transparency report for Southwest Community Development Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.