Sophias Hearth Family Center

Analysis

Sophias Hearth Family Center is a registered charity in United States, based in Keene, NH. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Sophias Hearth Family Center reported income of $804k and spending of $681k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $590k to $804k (+36%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sophias Hearth Family Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within NH. Charities of a similar size with the same main cause include Concerned Citizens for the Community Inc ($804k), Adult Care Center of Roanoke Valley Inc ($804k) and Beyond Basic Life Skills ($804k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $46k (6.8% of expenses). Other salaries and wages came to $302k. At year end it held assets of $2.9m against liabilities of $903k, net assets of $2.0m. It reported 21 employees.