Supportone Inc

Analysis

Supportone Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Supportone Inc reported income of $3.4m and spending of $3.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.4m (+50%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Supportone Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include East Toledo Family Center Inc ($3.4m), Pender Adult Services Inc ($3.4m) and Soul Fire Farm Institute Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $2.3m against liabilities of $291k, net assets of $2.0m. It reported 78 employees.