Sofi Tucker Foundation

Analysis

Sofi Tucker Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Sofi Tucker Foundation reported income of $12.1m and spending of $3.7m, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $22.9m to $12.1m (-47%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 54% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sofi Tucker Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Worldserve International ($12.1m), Friends of Israel Scouts Inc ($12.1m) and African Mission Healthcare Foundation ($12.0m).

At year end it held assets of $18.5m against liabilities of $80k, net assets of $18.4m.