So Oh Shinali Sister Project

Analysis

So Oh Shinali Sister Project is a registered charity in United States, based in West Covina, CA. It received its IRS tax-exemption ruling in June 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 (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, So Oh Shinali Sister Project reported income of $1.2m and spending of $602k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $561k to $1.2m (+121%), an average of +121% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, So Oh Shinali Sister Project sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include National Desert Storm Memorial ($1.2m), Art Colony Association Inc ($1.2m) and Graycliff Conservancy Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $250k (42% of expenses). Other salaries and wages came to $52k. At year end it held assets of $860k against liabilities of $0, net assets of $860k. It reported 9 employees.