Soteria Project Inc

Analysis

Soteria Project Inc is a registered charity in United States, based in Palm Harbor, FL. It received its IRS tax-exemption ruling in May 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 (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, Soteria Project Inc reported income of $401k and spending of $432k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $441k to $401k (-9.0%), an average of -9.0% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soteria Project Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include The Terry and Hazeldeane Carpenter Intergenerational Center ($401k), Potluck in the Park ($401k) and Kidquest ($401k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.