Sold Out Pictures Inc

Analysis

Sold Out Pictures Inc is a registered charity in United States, based in Alexander, AR. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sold Out Pictures Inc reported income of $73k and spending of $56k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $106k to $73k (-31%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sold Out Pictures Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within AR. Charities of a similar size with the same main cause include Hopequest Ministries Inc ($73k), St Lukes Church Foundation of Dallas ($73k) and Bright Sound Myung Sung Church ($73k).

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 $101k against liabilities of $0, net assets of $101k.