Sos Sahel USA Inc

Analysis

Sos Sahel USA Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in October 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, Sos Sahel USA Inc reported income of $150k and spending of $4,767, leaving 97% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60 to $150k (+250653%), an average of +250653% a year. The sharpest change came in the year to December 2023, when income rose by 250653%. Over the whole period it spent 8.4% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sos Sahel USA Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Adoption Makes Family Inc ($150k), Change 1 Mind Change 1 Life ($150k) and Hearts Unite to Give Support ($150k).

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 $150k against liabilities of $260k, net assets of -$110k.