Soar Cafe and Farms

Analysis

Soar Cafe and Farms is a registered charity in United States, based in Jackson, MI. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Soar Cafe and Farms reported income of $300k and spending of $184k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $300k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 52% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Soar Cafe and Farms sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include The National Center for Law & Policy ($300k), Greater Spokane Progress ($300k) and Set Free Monterey Bay ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $12k (6.5% of expenses). Other salaries and wages came to $65k. At year end it held assets of $887k against liabilities of $250k, net assets of $637k. It reported 6 employees.