Confident Sole

Analysis

Confident Sole is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in January 2020, 6 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, Confident Sole reported income of $195k and spending of $257k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $179k to $195k (+9.1%), an average of +9.1% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Confident Sole sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Northwest Ohio Area Office on Aging Foundation ($195k), Erics Camp Fund ($195k) and Discovery Shoppe League Inc ($195k).

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 $37k (14% of expenses). At year end it held assets of $78k against liabilities of $1,033, net assets of $77k. It reported 1 employees.