Soulardarity

Analysis

Soulardarity is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Soulardarity reported income of $568k and spending of $953k, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $332k to $568k (+71%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 299%. Over the whole period it spent 97% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Soulardarity sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Earth Rangers USA Foundation ($568k), Yolo Basin Foundation ($569k) and Protect Our Preserves Inc ($567k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $69k (7.2% of expenses). Other salaries and wages came to $198k. At year end it held assets of $522k against liabilities of $54k, net assets of $468k. It reported 7 employees.