Soroptimist International of the Americas Inc

Analysis

Soroptimist International of the Americas Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 August 2023, Soroptimist International of the Americas Inc reported income of $5.5m and spending of $4.9m, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $6.2m to $5.5m (-11%), an average of -2.8% a year. The sharpest change came in the year to August 2022, when income rose by 35%. Over the whole period it spent 89% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Soroptimist International of the Americas Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Child and Parent Services Inc ($5.5m), District One Medical Examiner Support Inc ($5.5m) and Family Violence Law Center ($5.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 50% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $467k (9.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $17.3m against liabilities of $2.4m, net assets of $14.9m. It reported 40 employees.