Soaring Heights Communities Inc

Analysis

Soaring Heights Communities Inc is a registered charity in United States, based in Conyers, GA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Soaring Heights Communities Inc reported income of $3.1m and spending of $4,140, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $87k to $3.1m (+3472%), an average of +144% a year. The sharpest change came in the year to December 2023, when income rose by 753%. Over the whole period it spent 0.5% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soaring Heights Communities Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include House of Providence ($3.1m), Stopping Woman Abuse Now Inc ($3.1m) and Wapakoneta Family YMCA ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $7.1m against liabilities of $596k, net assets of $6.5m.