Soroptimist International of the Americas Inc

Analysis

Soroptimist International of the Americas Inc is a registered charity in United States, based in Spokane Vly, WA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. 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 June 2024, Soroptimist International of the Americas Inc reported income of $229k and spending of $198k, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $195k to $229k (+18%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 221%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Soroptimist International of the Americas Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Central Valley Justice Coalition ($229k), Major League Baseball Equipment Managers Association ($229k) and PTA California Congress of Parents Teachers & Students Inc ($229k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 63% of the total. At year end it held assets of $436k against liabilities of $3, net assets of $436k.