The Sourcing and Procurement Organization Incorporated

Analysis

The Sourcing and Procurement Organization Incorporated is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Sourcing and Procurement Organization Incorporated reported income of $180k and spending of $176k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $190k to $180k (-5.0%), an average of -5.0% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Sourcing and Procurement Organization Incorporated sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Northern Wi Asbestos Workers Joint Apprenticeship Fund ($180k), Housing Options Inc ($180k) and The Atlantieist Support Foundation ($180k).

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 $15k against liabilities of $3,226, net assets of $12k.