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Soroptimist International of the Americas Inc

RegisteredEIN 23-7173777Newtown, PAOther charitable purposes
Income$76k2024-06
Spending$60ksame year
Spent / received66%2-year average
Size in its cause29th 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 Newtown, PA. 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 $76k and spending of $60k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $92k to $76k (-18%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 18%. Over the whole period it spent 66% 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 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within PA. Charities of a similar size with the same main cause include Eleanor Roosevelt Center at Val Kill Inc ($76k), New York Entomological Society ($76k) and Weston Music Center & School of the Performing Arts Inc ($76k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.2% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.

Income and spending

$0$23k$46k$69k$92k2023 Income: $91,6692023 Spending: $51,59920232024 Income: $75,5742024 Spending: $59,6362024
IncomeSpending

Where the income comes from

  • Contributions & grants 6.2%
  • Other 94%

Similar-sized charities, same cause

CharityLocationIncome
Eleanor Roosevelt Center at Val Kill IncHyde Park$76k
New York Entomological SocietyNew York$76k
Weston Music Center & School of the Performing Arts IncWeston$76k
National Newspaper Publishers Association FundWashington$76k