Soteria World Outreach Ministries Inc

Analysis

Soteria World Outreach Ministries Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Soteria World Outreach Ministries Inc reported income of $2.0m and spending of $953k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $746k to $2.0m (+166%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 60% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Soteria World Outreach Ministries Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within SC. Charities of a similar size with the same main cause include United Justice Coalition Charitable Foundation ($2.0m), Miaan Group Inc ($2.0m) and Woodhull Freedom Foundation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $85k (8.9% of expenses). Other salaries and wages came to $119k. At year end it held assets of $3.8m against liabilities of $345k, net assets of $3.4m. It reported 16 employees.