Sojourner Truth House Inc

Analysis

Sojourner Truth House Inc is a registered charity in United States, based in Hobart, IN. It received its IRS tax-exemption ruling in August 2009, 17 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, Sojourner Truth House Inc reported income of $2.6m and spending of $2.5m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.6m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sojourner Truth House Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Healthy Teen Network Inc ($2.6m), Olmsted Assisted Living Corporation ($2.6m) and Cross-Lines Community Outreach Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $120k (4.8% of expenses). Other salaries and wages came to $689k. At year end it held assets of $3.6m against liabilities of $163k, net assets of $3.4m. It reported 29 employees.