Soaring Eagle
Analysis
Soaring Eagle is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in March 1998, 28 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 June 2023, Soaring Eagle reported income of $6.6m and spending of $5.3m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.3m to $6.6m (-9.8%), an average of -2.6% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 78% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soaring Eagle sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within MT. Charities of a similar size with the same main cause include Alternative Rehabilitation Communities Inc ($6.6m), Local Media Foundation ($6.6m) and Holly Ridge Center Inc ($6.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $182k (3.4% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $20.8m against liabilities of $2.5m, net assets of $18.4m. It reported 45 employees.
Income and spending
Where the income comes from
- Contributions & grants 71%
- Other 29%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alternative Rehabilitation Communities Inc | Harrisburg | $6.6m |
| Local Media Foundation | Lake City | $6.6m |
| Holly Ridge Center Inc | Bremerton | $6.6m |
| CCH Individualized Support Services Inc | Port Angeles | $6.6m |