Serving Orphans Worldwide Inc

Analysis

Serving Orphans Worldwide Inc is a registered charity in United States, based in Bristol, TN. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Serving Orphans Worldwide Inc reported income of $4.7m and spending of $4.3m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $4.7m (+131%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Serving Orphans Worldwide Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include The Spring Shelter Inc ($4.7m), Landmarks for Families Inc ($4.7m) and Youth Crisis Center Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $102k (2.3% of expenses). Other salaries and wages came to $218k. At year end it held assets of $2.1m against liabilities of $2,966, net assets of $2.1m. It reported 6 employees.