Soles for Jesus Inc

Analysis

Soles for Jesus Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 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, Soles for Jesus Inc reported income of $780k and spending of $672k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $599k to $780k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soles for Jesus Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include Emmas Footprints ($779k), Sierra Foothills Residential Care Inc ($780k) and Fern Creek Highview United Ministries Inc ($779k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $92k (14% of expenses). Other salaries and wages came to $121k. At year end it held assets of $860k against liabilities of $106k, net assets of $754k. It reported 5 employees.