Sober Apartment Living Co

Analysis

Sober Apartment Living Co is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Sober Apartment Living Co reported income of $1.1m and spending of $1.2m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $811k to $1.1m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 223%. Over the whole period it spent 73% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Sober Apartment Living Co sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Organized Communities Against Deportations ($1.1m), Cair-Chicago ($1.1m) and American Stewards of Liberty Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $36k (3.0% of expenses). Other salaries and wages came to $238k. At year end it held assets of $8.5m against liabilities of $6.5m, net assets of $1.9m. It reported 9 employees.