Sophia Oxford Inc

Analysis

Sophia Oxford Inc is a registered charity in United States, based in Belmont, MA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 July 2023, Sophia Oxford Inc reported income of $90k and spending of $65k, leaving 28% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income fell from $472k to $90k (-81%), an average of -42% a year. The sharpest change came in the year to July 2022, when income dropped by 58%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sophia Oxford Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include The Hilda G Rosin TR ($90k), PTA South Carolina Congress ($90k) and Boy Scouts of America ($90k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 5.8% and program service revenue 58% of the total. At year end it held assets of $5,665 against liabilities of $25k, net assets of -$19k.