Sophies Squad

Analysis

Sophies Squad is a registered charity in United States, based in Lino Lakes, MN. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2024, Sophies Squad reported income of $218k and spending of $178k, spending 82% of its income. Across the 3 years on record, from September 2022 to September 2024, income grew from $181k to $218k (+20%), an average of +9.7% a year. The sharpest change came in the year to September 2024, when income rose by 64%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sophies Squad sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include The Love for Lochlin Foundation Incorporated ($218k), Gabriels Light Foundation ($218k) and Memphis Dental Society Charitable Fund Inc ($218k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 75% of the total. At year end it held assets of $208k against liabilities of $16k, net assets of $192k.