Soul Food Cypher Inc

Analysis

Soul Food Cypher Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Soul Food Cypher Inc reported income of $184k and spending of $140k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $184k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Soul Food Cypher Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include Arts-Us ($184k), Del Shores Foundation Inc ($184k) and Agricultural History Project ($184k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 18% of the total. At year end it held assets of $80k against liabilities of $70, net assets of $80k.