Sorae International Inc

Analysis

Sorae International Inc is a registered charity in United States, based in West Norriton, PA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 March 2024, Sorae International Inc reported income of $134k and spending of $145k, spending 108% of what it took in. Across the 3 years on record, from March 2022 to March 2024, income grew from $126k to $134k (+6.4%), an average of +3.2% a year. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sorae International Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Open Door Eastern European Ministries ($134k), Evangelistic Ministries for Christ ($134k) and Campbell Christian Community Center ($134k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.