Sojourner Foundation Inc

Analysis

Sojourner Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Sojourner Foundation Inc reported income of $4.7m and spending of $4.4m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.1m to $4.7m (+52%), an average of +11% a year. The sharpest change came in the year to September 2020, when income rose by 24%. Over the whole period it spent 177% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sojourner Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within WI. Charities of a similar size with the same main cause include Auburn Food Bank ($4.7m), Howard S and Deborah Jonas Foundation Inc ($4.7m) and Concordia University Wisconsin Foundation Inc ($4.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $5.0m against liabilities of $2.3m, net assets of $2.7m.