Social Innovation Laboratory Inc

Analysis

Social Innovation Laboratory Inc is a registered charity in United States, based in Emporia, KS. It received its IRS tax-exemption ruling in September 2016, 10 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, Social Innovation Laboratory Inc reported income of $649k and spending of $668k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $649k (+135%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Social Innovation Laboratory Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KS. Charities of a similar size with the same main cause include Shelby County Agricultural and Mechanical ($649k), Caremax International ($649k) and St Vincent de Paul Society Bend St Francis Conference ($649k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $225k. At year end it held assets of $22k against liabilities of $6,962, net assets of $15k. It reported 5 employees.