Sos Community Services

Analysis

Sos Community Services is a registered charity in United States, based in Ypsilanti, MI. It received its IRS tax-exemption ruling in February 1981, 45 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 March 2023, Sos Community Services reported income of $10.2m and spending of $9.3m, spending 92% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $3.0m to $10.2m (+239%), an average of +50% a year. The sharpest change came in the year to March 2022, when income rose by 194%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sos Community Services sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Cardea Health ($10.2m), Neighborhood Development Center Inc ($10.2m) and Homeless Childrens Network ($10.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $255k (2.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $5.0m against liabilities of $638k, net assets of $4.4m. It reported 46 employees.