Charity Search / SOLES 4 SOULS
Human Services (P60) IRS Verified DX Registered 990 on File

SOLES 4 SOULS

EIN: 20-4023482 · NASHVILLE, TN 37204-2809 · United States · FY 2025 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 79/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$88.3M
Total Revenue
$86.5M
Total Expenses
$39.9M
Net Assets
93
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 93.7%
Fundraising Efficiency N/A
Operating Reserve 5.53x
Liability-to-Asset 6.9%
Revenue Diversification 87.3%
Executive Compensation $1.9M
Compared with Peers
FY 2025
Compared with 1,112 similar organizations (United States, Human Services, $10M–$100M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
93.7% 87.2%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
2.6% 11.3%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
3.7% 0.4%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
5.5 mo 7.5 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
6.9% 26.6%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
87.3% 91.4%
P10P90
Above median
Surplus margin
Surplus as a share of revenue
2.0% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $88.3M $86.5M $39.9M 93.7% 93
2023 $108.4M $100.3M $37.3M 95.0% 86
2022 $92.8M $92.4M $29.2M 95.1% 72
2021 $81.8M $84.3M N/A 73
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Organization Details
EIN
20-4023482
State
TN
City
NASHVILLE
ZIP
37204-2809
Classification
P60
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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