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Soroptimist International of the Americas Inc

RegisteredEIN 20-0895316Staten Island, NYOther charitable purposes
Income$55k2024-06
Spending$51ksame year
Spent / received90%2-year average
Size in its cause21st pctOther charitable purposes
Exempt since2002Publicly supported organisat
Employees–latest return

Analysis

Soroptimist International of the Americas Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in October 2002, 24 years ago. 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 June 2024, Soroptimist International of the Americas Inc reported income of $55k and spending of $51k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $49k to $55k (+13%), an average of +13% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Soroptimist International of the Americas 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 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Downtown Art Co ($55k), Grupo Unidad Agua de LA Roca Inc ($55k) and PTA Texas Congress ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 36% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.

Income and spending

$0$14k$28k$42k$55k2023 Income: $49,0622023 Spending: $42,89320232024 Income: $55,4692024 Spending: $51,3912024
IncomeSpending

Where the income comes from

  • Contributions & grants 38%
  • Program services 36%
  • Other 26%

Similar-sized charities, same cause

CharityLocationIncome
Downtown Art CoNew York$55k
Grupo Unidad Agua de LA Roca IncChula Vista$55k
PTA Texas CongressArlington$55k
Nearly New ShopMountainhome$55k