Sneakers with Soul

Analysis

Sneakers with Soul is a registered charity in United States, based in Manchester, MO. It received its IRS tax-exemption ruling in November 2017, 9 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, Sneakers with Soul reported income of $131k and spending of $124k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $131k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sneakers with Soul sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within MO. Charities of a similar size with the same main cause include Aquinor Horse Riding Foundation Inc ($131k), Samehere Global Inc ($131k) and Greater Hilltop Area Shalom Zone CDC ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. At year end it held assets of $44k against liabilities of $4,922, net assets of $39k.