Sophia S Choice

Analysis

Sophia S Choice is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Sophia S Choice reported income of $285k and spending of $284k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $211k to $285k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sophia S Choice sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Marshall County Historical Society Incorporated ($285k), King Sejong Institute Center USA ($285k) and Ballet of York County ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Other salaries and wages came to $40k. At year end it held assets of $69k against liabilities of $20k, net assets of $49k.