Souls Harbor of America Inc

Analysis

Souls Harbor of America Inc is a registered charity in United States, based in Joplin, MO. It received its IRS tax-exemption ruling in June 1994, 32 years ago. 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, Souls Harbor of America Inc reported income of $253k and spending of $263k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $194k to $253k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Souls Harbor of America Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within MO. Charities of a similar size with the same main cause include Apple Pregnancy Care Center Inc ($253k), New China Education Foundation ($253k) and Corpus Christi Literacy Council ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $89k. At year end it held assets of $324k against liabilities of $141k, net assets of $183k. It reported 8 employees.