Soaring Eagles II

Analysis

Soaring Eagles II is a registered charity in United States, based in Hendersonvlle, TN. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Soaring Eagles II reported income of $292k and spending of $297k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $188k to $292k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soaring Eagles II sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Hope Inspire Love Inc ($292k), Shepherds Table ($292k) and Covenant Childrens Home and Family Services ($292k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $40k (14% of expenses). At year end it held assets of $7,906 against liabilities of $5,172, net assets of $2,734. It reported 4 employees.