Sonata Housing Inc

Analysis

Sonata Housing Inc is a registered charity in United States, based in Center Conway, NH. It received its IRS tax-exemption ruling in May 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Sonata Housing Inc reported income of $520k and spending of $493k, spending 95% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $481k to $520k (+8.3%), an average of +2.7% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sonata Housing Inc 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 71st percentile, and in the 73rd percentile within NH. Charities of a similar size with the same main cause include Edwards Adult Day Center ($520k), Sanctuary Inc ($520k) and Highland Youth Garden Inc ($520k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $116k (24% of expenses). Other salaries and wages came to $6,456. At year end it held assets of $561k against liabilities of $275k, net assets of $286k. It reported 2 employees.