The Soul Phone Foundation

Analysis

The Soul Phone Foundation is a registered charity in United States, based in Chillicothe, OH. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, The Soul Phone Foundation reported income of $251k and spending of $196k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $215k to $251k (+17%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Soul Phone Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Brunswick County Arts Council Inc ($251k), Lake Superior Youth Chorus Inc ($251k) and Friends of Ecole Polytechnique Inc ($251k).

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 $48k (25% of expenses). At year end it held assets of $70k against liabilities of $0, net assets of $70k.