Sozo Missions Inc

Analysis

Sozo Missions Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in August 2017, 9 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 2023, Sozo Missions Inc reported income of $225k and spending of $223k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $126k to $225k (+78%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sozo Missions Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include East LA Jiu Jitsu Company ($225k), Taylors Creek Youth Organization ($225k) and North Buncombe Youth Athleticassociation ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $79k (36% of expenses). Other salaries and wages came to $6,320. At year end it held assets of $203k against liabilities of $0, net assets of $203k. It reported 4 employees.