Sisters in Service Foundation Inc

Analysis

Sisters in Service Foundation Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in December 2015, 11 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 December 2023, Sisters in Service Foundation Inc reported income of $61k and spending of $33k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $138k to $61k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sisters in Service Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within TN. Charities of a similar size with the same main cause include Cannon Valley Senior Center ($61k), Tomcat Bridgebuilders ($61k) and York County Harley Davidson Owners Association Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $570k against liabilities of $0, net assets of $570k.