Sos Operation Espoirinc

Analysis

Sos Operation Espoirinc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover human services, 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, Sos Operation Espoirinc reported income of $75k and spending of $75k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $134k to $75k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sos Operation Espoirinc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 38th percentile within MA. Charities of a similar size with the same main cause include Malachis Message ($75k), Maoona Inc ($75k) and The Songbird Charitable Foundation ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $379, net assets of -$378.