PHuman ServicesEIN: 204023482

Soles 4 Souls

Nashville, Tennessee

A-Health Score
80A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 139 peers in Human Services with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.37×
Peer Median0.22×
💰
$108.4M
Total Revenue
📊
$100.3M
Total Expenses
🏦
$37.3M
Net Assets
📋
$5.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.8%
Year-over-year change (2022 → 2023)
Net Margin
+7.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.37
Net assets divided by total expenses
Liabilities-to-Assets
12.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$108,371,54417%$100,319,1419%$42,541,17430%
2022$92,759,57513%$92,444,70710%$32,677,8351%
2021$81,779,22633%$84,297,21824%$32,313,7408%
2020$121,693,41331%$110,231,03226%$35,295,75454%
2019$93,110,3887%$87,629,7675%$22,922,99431%
2018$86,882,14124%$83,106,07524%$17,464,02730%
2017$69,917,35767%$67,057,50947%$13,420,93729%
2016$41,944,2288%$45,497,81714%$10,441,43628%
2015$38,846,3715%$39,944,4206%$14,496,9927%
2014$40,758,92318%$42,521,3497%$15,587,03211%
2013$49,898,4153%$45,635,33213%$17,546,50021%
2012$51,496,76421%$52,656,16927%$14,463,83411%
2011$65,477,789$71,861,474$16,293,567

Frequently Asked Questions

What does Soles 4 Souls do?

Soles 4 Souls is a human services nonprofit organization based in Tennessee. It is classified under NTEE code P60 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Soles 4 Souls financially healthy?

Based on our 9-metric Financial Health Score model, Soles 4 Souls has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Soles 4 Souls generate?

Soles 4 Souls reports $126.2M in annual revenue and holds $44.9M in total assets, based on IRS filings.

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