XReligion-RelatedEIN: 521485481· Ruling Year: 2014

Support Our Aging Religious Inc Soar

Silver Spring, Maryland

B+Health Score
71B+

Financial Health Score

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

Good

💰
$7.0M
Total Revenue
📊
$6.0M
Total Expenses
🏦
$8.9M
Net Assets
📋
$16K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.9%
Year-over-year change (2023 → 2024)
Net Margin
+14.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.49
Net assets divided by total expenses
Liabilities-to-Assets
0.2%
Total liabilities as % of total assets

Filing History

15 filings on record
YearRevenueExpensesAssets
2024$6,982,52422%$5,953,5354%$8,866,02613%
2023$5,729,19125%$5,739,62059%$7,850,316
2022$7,623,46554%$3,617,5847%$7,859,443100%
2021$4,961,03836%$3,391,91515%$3,936,51565%
2020$3,645,57924%$2,944,5667%$2,383,89651%
2019$2,947,2797%$2,745,4421%$1,575,51315%
2018$2,754,2545%$2,720,1475%$1,373,9983%
2017$2,894,95438%$2,598,74112%$1,327,58329%
2016$2,102,2537%$2,324,449$1,029,50418%
2015$2,261,78818%$2,315,4096%$1,261,8896%
2014$2,762,20523%$2,186,3152%$1,336,28981%
2013$2,240,76022%$2,141,7178%$739,61412%
2012$1,830,1582%$1,979,64914%$657,94627%
2011$1,861,87045%$1,735,91220%$900,19722%
2010$1,288,178$1,450,326$740,104

Frequently Asked Questions

What does Support Our Aging Religious Inc Soar do?

Support Our Aging Religious Inc Soar is a religion-related nonprofit organization based in Maryland. It is classified under NTEE code X11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Support Our Aging Religious Inc Soar financially healthy?

Based on our 9-metric Financial Health Score model, Support Our Aging Religious Inc Soar has a score of 71/100 (Grade: B+). 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 Support Our Aging Religious Inc Soar generate?

Support Our Aging Religious Inc Soar reports $8.1M in annual revenue and holds $11.8M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Religion-Related category, or browse all nonprofits in Maryland.