Soul Dogs Inc

Analysis

Soul Dogs Inc is a registered charity in United States, based in Northglenn, CO. It received its IRS tax-exemption ruling in August 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 Dogs Inc reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $268k to $1.2m (+358%), an average of +66% a year. The sharpest change came in the year to December 2021, when income rose by 310%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soul Dogs Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Concrete Jungle Inc ($1.2m), Childrens House of Nashville Inc ($1.2m) and Blue Ridge Women in Agriculture ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $878k. At year end it held assets of $90k against liabilities of $187k, net assets of -$97k. It reported 42 employees.