Saint Sophia Hellenic Orthodox

Analysis

Saint Sophia Hellenic Orthodox is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Saint Sophia Hellenic Orthodox reported income of $655k and spending of $395k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $297k to $655k (+120%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 92%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saint Sophia Hellenic Orthodox sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within UT. Charities of a similar size with the same main cause include Literacy Suffolk Inc ($655k), Lancaster Education Foundation ($655k) and Ask After School for Kids ($655k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $82k (21% of expenses). Other salaries and wages came to $175k. At year end it held assets of $558k against liabilities of $6,304, net assets of $551k. It reported 20 employees.