S O a T Inc

Analysis

S O a T Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 1985, 41 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 December 2023, S O a T Inc reported income of $580k and spending of $510k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $534k to $580k (+8.6%), an average of +2.1% a year. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, S O a T Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include 1060 Belmont Inc ($579k), Ahepa 118 Inc ($580k) and Turner Affordable Housing Inc ($579k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $74k. At year end it held assets of $544k against liabilities of $825k, net assets of -$281k.