Sos International Inc

Analysis

Sos International Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 2010, 16 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 2023, Sos International Inc reported income of $5.5m and spending of $5.1m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $5.5m (+48%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 57%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sos International Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KY. Charities of a similar size with the same main cause include San Angelo Stock Show & Rodeo Association Inc ($5.5m), East Carolina University Medical & Health Sciences Foundation Inc ($5.5m) and Expeditionary Learning School Board of Cooperative Educational ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $106k (2.1% of expenses). Other salaries and wages came to $225k. At year end it held assets of $7.2m against liabilities of $674k, net assets of $6.5m. It reported 19 employees.