S O C K Outstanding Students S O S Academy Inc

Analysis

S O C K Outstanding Students S O S Academy Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in October 1998, 28 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 June 2024, S O C K Outstanding Students S O S Academy Inc reported income of $1.8m and spending of $1.9m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $1.8m (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, S O C K Outstanding Students S O S Academy 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 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Aiken Steeplechase Association Inc ($1.8m), Rosecrance Foundation ($1.8m) and Imogene & Harold Herndon Char Tr-H ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $737k. At year end it held assets of $1.7m against liabilities of $350k, net assets of $1.4m.