Soar Fox Cities Inc

Analysis

Soar Fox Cities Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Soar Fox Cities Inc reported income of $974k and spending of $925k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $666k to $974k (+46%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soar Fox Cities Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Korean American Association of Chicago ($974k), Stepping Stone Incorporated ($974k) and Mississippi Assoc of Cooperatives ($974k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 23% of the total. Other salaries and wages came to $572k. At year end it held assets of $1.8m against liabilities of $68k, net assets of $1.7m. It reported 14 employees.