Soul River Inc

Analysis

Soul River Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Soul River Inc reported income of $242k and spending of $263k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $320k to $242k (-24%), an average of -8.9% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Soul River Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within OR. Charities of a similar size with the same main cause include Schenectady Youth Boxing & Fitness Inc ($242k), Reb Sports Academy ($242k) and New Heights Christian School ($242k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (30% of expenses). Other salaries and wages came to $26k. At year end it held assets of $181k against liabilities of $1,450, net assets of $179k. It reported 3 employees.