Sozo Recovery House Inc

Analysis

Sozo Recovery House Inc is a registered charity in United States, based in Summersville, WV. It received its IRS tax-exemption ruling in July 2019, 7 years ago. 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, Sozo Recovery House Inc reported income of $53k and spending of $47k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $115k to $53k (-54%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sozo Recovery House Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within WV. Charities of a similar size with the same main cause include Soroptimist International of the Americas Inc ($53k), Whippany Fire Company ($53k) and Burney Educational Broadcasting Foundation ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 19% of the total. At year end it held assets of $101k against liabilities of $81k, net assets of $21k.