Sozo SSS International Inc

Analysis

Sozo SSS International Inc is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in June 2022, 4 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, Sozo SSS International Inc reported income of $1.6m and spending of $1.4m, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.2m to $1.6m (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sozo SSS International Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Park Lawn Association Inc ($1.5m), Stepping Stone Shelter for Women Incorporated ($1.6m) and Friendships for Hope Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1.1m (74% of expenses). Other salaries and wages came to $103k. At year end it held assets of $246k against liabilities of $246k, net assets of $0. It reported 2 employees.