Southminster Inc

Human Services · Charlotte, North Carolina

8919 Park Rd, Charlotte, NC 28210-7610

EIN: 561443222· Founded: Nov 1984· 42 years active· Filing Year: 2023

Annual Revenue

$51.2M

Total Expenses

$51.3M

Total Assets

$248.7M

Program Spending

95%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.2M

2.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$15.7M

Total Payroll

$16.9M

33% of total expenses

Where the Money Goes

95%

Programs: 95%

Payroll: 33%

Other overhead: 5%

Program Revenue$48.6M (95%)

Total Expenses$51.3M (100%)

Payroll$16.9M (33%)

Overhead (non-program)5%

Trust Score Breakdown

Program Spending Ratio

95% of expenses go to programs

40%

Revenue & Stability

$51.2M annual revenue

15%

Executive Compensation

$1.2M total officer comp (2.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$248.7M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.