Soroptimist International of the Americas Inc

Analysis

Soroptimist International of the Americas Inc is a registered charity in United States, based in Lighthouse Pt, FL. It received its IRS tax-exemption ruling in October 2002, 24 years ago. 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 2024, Soroptimist International of the Americas Inc reported income of $51k and spending of $39k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $70k to $51k (-28%), an average of -28% a year. The sharpest change came in the year to June 2024, when income dropped by 28%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Soroptimist International of the Americas Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 23rd percentile within FL. Charities of a similar size with the same main cause include Genesis Place Inc ($51k), Southern CC Inc ($51k) and West Omaha Rotary Foundation ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 4.1% of the total. At year end it held assets of $30k against liabilities of $11k, net assets of $18k.