Sos Center Inc

Analysis

Sos Center Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 1988, 38 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 December 2023, Sos Center Inc reported income of $101k and spending of $87k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $101k (+160%), an average of +160% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sos Center Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within WI. Charities of a similar size with the same main cause include Chisholm Ski Club Association Inc ($101k), Shorewalkers Inc ($101k) and Bon Air Fire Company ($101k).

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 $134k against liabilities of $10k, net assets of $123k.