Sofies Journey Inc

Analysis

Sofies Journey Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Sofies Journey Inc reported income of $489k and spending of $410k, spending 84% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $187k to $489k (+161%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sofies Journey Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include New Horizons Living Center Inc ($488k), Fundacion A-Mar Bara Ninos Quemados ($489k) and Stafford Ambulance Association Inc ($488k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $237k against liabilities of $237k, net assets of $0.