Sophia Stables

Analysis

Sophia Stables is a registered charity in United States, based in Hamburg, MN. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Sophia Stables reported income of $66k and spending of $49k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $19k to $66k (+249%), an average of +249% a year. The sharpest change came in the year to December 2023, when income rose by 249%. Over the whole period it spent 80% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Sophia Stables sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include Peaceful Kingdom ($66k), CPV & Rescue Sanctuary ($66k) and Companion Parrots Re-Home ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.