Soaring Above Ionia

Analysis

Soaring Above Ionia is a registered charity in United States, based in Ionia, MI. It received its IRS tax-exemption ruling in December 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Soaring Above Ionia reported income of $103k and spending of $98k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $103k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Soaring Above Ionia sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within MI. Charities of a similar size with the same main cause include Chuck Gardner Bowl4life Scholarship Foundation ($103k), Civic Circle ($103k) and Willmar Baseball Boosters Assoc ($103k).

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 $26k against liabilities of $17k, net assets of $8,371.