Soil2service Inc

Analysis

Soil2service Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Soil2service Inc reported income of $313k and spending of $306k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $294k to $313k (+6.4%), an average of +3.1% a year. The sharpest change came in the year to December 2022, when income rose by 19%. 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, Soil2service Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include 31heroes Projects ($313k), Ritchie County Family Resources Network ($313k) and Liftup Communities ($313k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. At year end it held assets of $240k against liabilities of $189k, net assets of $51k. It reported 2 employees.