Sozo Charities International Inc

Analysis

Sozo Charities International Inc is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sozo Charities International Inc reported income of $185k and spending of $185k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $185k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sozo Charities International Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Pathway From Boys to Men Inc ($185k), Tennessee Fisher House Foundation Inc ($185k) and Hispanic Police Officers Association Foundation ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.