Sojourner Charitable Fund Inc

Analysis

Sojourner Charitable Fund Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Sojourner Charitable Fund Inc reported income of $148k and spending of $153k, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $158k to $148k (-6.4%), an average of -1.7% a year. The sharpest change came in the year to August 2023, when income dropped by 31%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sojourner Charitable Fund Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Seacoast Womens Giving Circle ($148k), United Way of Chesterfield County Inc ($148k) and Teach a Person to Fish Society ($148k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.