Soldiers to Sidelines LLC

Analysis

Soldiers to Sidelines LLC is a registered charity in United States, based in Lewes, DE. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Soldiers to Sidelines LLC reported income of $785k and spending of $907k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $375k to $785k (+110%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 316%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soldiers to Sidelines LLC sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within DE. Charities of a similar size with the same main cause include Dress for Success Charlotte ($785k), Greenville Family Partnership ($785k) and Charis Inc ($785k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $55k (6.1% of expenses). Other salaries and wages came to $253k. It paid $842 in professional fundraising fees. At year end it held assets of $275k against liabilities of $350k, net assets of -$75k. It reported 6 employees.