Soul Trak Outdoors

Analysis

Soul Trak Outdoors is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2019, 7 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, Soul Trak Outdoors reported income of $204k and spending of $239k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $241k to $204k (-15%), an average of -7.9% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soul Trak Outdoors sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 30th percentile within DC. Charities of a similar size with the same main cause include Wauconda Island Lake Food Pantry Inc ($204k), Warren County Council on Aging ($204k) and Spirit of a Hero Foundation ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (29% of expenses). Other salaries and wages came to $68k. At year end it held assets of $204k against liabilities of $2,679, net assets of $202k. It reported 4 employees.