Sojourners Place Inc

Analysis

Sojourners Place Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Sojourners Place Inc reported income of $622k and spending of $489k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $442k to $622k (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sojourners Place Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within DE. Charities of a similar size with the same main cause include Gateway Housing Group ($622k), Paducah Ministries 1 Inc ($622k) and Midlands Housing Trust Fund ($621k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $67k (14% of expenses). At year end it held assets of $1.1m against liabilities of $466k, net assets of $679k. It reported 12 employees.