Soul 2 Soul Sisters

Analysis

Soul 2 Soul Sisters is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Soul 2 Soul Sisters reported income of $763k and spending of $1.3m, spending 170% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $372k to $763k (+105%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 207%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Soul 2 Soul Sisters sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Eagles View Ministries ($763k), Histadruth Horabonim Deamerica Rabbinical Council of America Inc ($764k) and Jersey Shore Orthodox Rabbinate Inc ($763k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $128k (9.8% of expenses). Other salaries and wages came to $657k. At year end it held assets of $1.1m against liabilities of $20k, net assets of $1.1m. It reported 11 employees.