Souls Grown Deep Community Partnership Inc

Analysis

Souls Grown Deep Community Partnership Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Souls Grown Deep Community Partnership Inc reported income of $155k and spending of $1.0m, spending 657% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $744k to $155k (-79%), an average of -54% a year. The sharpest change came in the year to June 2022, when income rose by 219%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Souls Grown Deep Community Partnership 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 48th percentile, and in the 51st percentile within GA. Charities of a similar size with the same main cause include Gurdjieff Foundation of California Los Angeles Branch ($155k), The American Patrons of the Nationa ($155k) and Denver Art Society ($155k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% of the total. Compensation of current officers, directors and key employees was $316k (31% of expenses). Other salaries and wages came to $148k. At year end it held assets of $1.5m against liabilities of $1.8m, net assets of -$340k. It reported 1 employees.