Sowgoodfoundation Inc

Analysis

Sowgoodfoundation Inc is a registered charity in United States, based in Mableton, GA. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sowgoodfoundation Inc reported income of $195k and spending of $190k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $195k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sowgoodfoundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within GA. Charities of a similar size with the same main cause include Peregrino Hermitage Limited ($195k), Unhurried Living Inc ($195k) and Fort Valley Volunteer Fire Dept Inc ($195k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,341 against liabilities of $0, net assets of $5,341.