Sophia Snow House Inc

Analysis

Sophia Snow House Inc is a registered charity in United States, based in West Roxbury, MA. It received its IRS tax-exemption ruling in September 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sophia Snow House Inc reported income of $2.8m and spending of $2.8m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $2.8m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sophia Snow House Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Wesley Gardens Retirement Community Inc ($2.8m), Help Initiative Inc ($2.8m) and The Farmers House Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $3.6m against liabilities of $4.5m, net assets of -$965k. It reported 46 employees.