Soil Health Institute
Analysis
Soil Health Institute is a registered charity in United States, based in Morrisville, NC. It received its IRS tax-exemption ruling in February 2016, 10 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, Soil Health Institute reported income of $7.6m and spending of $7.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.0m to $7.6m (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. Over the whole period it spent 79% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Soil Health Institute sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Project Innerspace Inc ($7.6m), Mobilizegreen Inc ($7.6m) and Years Project Inc ($7.6m).
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 $779k (10% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $10.5m against liabilities of $1.2m, net assets of $9.3m. It reported 48 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project Innerspace Inc | Boston | $7.6m |
| Mobilizegreen Inc | Washington | $7.6m |
| Years Project Inc | Melville | $7.6m |
| Nature and Culture International | Del Mar | $7.7m |