Sos Childrens Village USA Inc

Analysis

Sos Childrens Village USA Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1963, 63 years ago. 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, Sos Childrens Village USA Inc reported income of $5.7m and spending of $6.8m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.2m to $5.7m (-38%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sos Childrens Village USA Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 81st percentile within DC. Charities of a similar size with the same main cause include Childrens Center of the Stanford Community ($5.7m), Dare 2 Share Ministries ($5.7m) and Wildlife Management Institute Inc ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $340k (5.0% of expenses). Other salaries and wages came to $1.2m. It paid $335k in professional fundraising fees. At year end it held assets of $9.5m against liabilities of $4.6m, net assets of $4.9m. It reported 22 employees.